The fund allocation to PSBs will be crucial to restore the health of the banks which have been grappled with various issues, such as rising bad loans, delays in resolution of large cases under the insolvency and bankruptcy code and liquidity crisis

Analysts say that countering Jio is challenging, which is marching ahead like nobody's business, especially in terms of subscriber base and revenue market share growth.

How the Finance Ministry and the RBI can avert an economic disaster

India's banking engine is still to stabilise after RBI's drive to clean up balance sheets and the government's consolidation move even as new pockets of risk build up

Bank of Baroda is the second-largest public sector lender after State Bank of India with over 9,500 branches, 13,400 ATMs and 85,000 employees to serve 12 crore customers

All eyes will be on the RBI's Monetary Policy Committee meet on June 6 which will set tone for the Indian equities; the auto stocks will remain in focus as the market will react to auto sales numbers released by the domestic companies

Here's what the who's who of India Incorporated has to say to Modi 2.0 government which is supposed to take on several economic challenges in near future.

Except IT sector, all the other indices ended in the red in today's trade. Biggest fall in today's trade was seen in PSU Bank, which was down 2.8%, followed by Auto, Media, Infra, Energy and Metal, each declining over 1%. Only gaining sector of the day was IT, up 0.66%.

Share Market Live: Benchmark equity indices Sensex and Nifty are trading flat, pressured by selling in banks and financial services indices  amid mixed global cues. Broader Asian markets saw limited gains as uncertainties over trade and economic growth dampened sentiment.

Last week, the RBI released a draft circular on Liquidity Risk Management Framework for NBFCs with an asset size of Rs 100 crore