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Reuters
January 25, 2018
The government last October said it would inject a total of 2.11 trillion rupees into its state-run lenders over two years. The 881.4 billion rupees announced on Wednesday will be injected by March, while the rest will be doled out over the next fiscal year.


BusinessToday.in
New Delhi, January 25, 2018
Finance Minister Arun Jaitley on Wednesday said the government has moved a proposal to infuse additional grant of Rs 88,139 crore - total Rs 80,000 crore through Recap Bonds and Rs 8,139 crore as budgetary support - for 2018 under the public sector banks recapitalisation plan.


PTI
January 22, 2018



PTI
January 18, 2018



PTI
January 15, 2018



BusinessToday.in
New Delhi, January 11, 2018
The city-based lender, promoted by the Hinduja Group, saw a 20 per cent rise in the key net interest income at Rs 1,894.81 crore on a 25 per cent growth in advances, while its deposits grew 23 per cent.


PTI
January 11, 2018



Suhas Harinarayanan
New Delhi, January 8, 2018
The recent decision by the Government of India to breathe life into the country's capital-starved public sector banks (PSBs) over a short span of the next two years is seen as a game-changing measure to revive the flagging economy.


PTI
New Delhi, January 7, 2018
As many as 1,463 entities account for bad loans of Rs 100 crore or more in 21 public sector banks (PSBs), finance ministry data showed.


PTI
January 7, 2018



PTI
January 7, 2018



PTI
January 4, 2018



PTI
New Delhi, December 31, 2017
The finance ministry has asked public sector banks (PSBs) to explore options for selling and swapping of loan assets with other lenders with a view to strengthen their balance sheets.


BusinessToday.in
New Delhi, December 30, 2017
The government had on October 24 unveiled a Rs 2.11 lakh crore two-year roadmap for strengthening NPA-hit public sector banks. The plans includes re-capitalisation bonds, budgetary support, and equity dilution.


BusinessToday.in
New Delhi, December 29, 2017
The latest amendments are meant to punish defaulters as well as make the insolvency resolution process more efficient. Some, of the stricter provisions of the earlier ordinance have been dropped to create a balance between these two objectives.


Mail Today Bureau
December 29, 2017
Sebi also allowed listing and trading of security receipts issued by Asset Reconstruction Companies to enhance capital flows and help deal with bad loans in the banking industry.


PTI
December 28, 2017



PTI
December 28, 2017



BusinessToday.in
February 26, 2018
The holiday season calls for spending big on gifts and partying; this also happens to be the perfect recipe to hurl one's finances out of track. No wonder that \"spending less and saving more\" appears in almost everyone's list of New Year's resolutions.


PTI
December 25, 2017



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