Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 52 results found. Search for [ psb losses ]

Results 20 to 40 of 52
PTI
January 4, 2019
Jaitley said that there would be no job losses due to merger of the banks and that the move would create a bigger entity like the State Bank of India (SBI).


PTI
December 30, 2018
Various initiatives by the government have yielded results, with the bad loans of public sector banks declining by over Rs 23,000 crore from a peak of Rs 9.62 lakh crore in March 2018, Financial Services Secretary Rajiv Kumar said.


Mudit Kapoor
New Delhi, November 2, 2018
Till now 12 banks are under the purview of PCA framework. 11 are public sector banks (PSB) and one is a private bank. Seven out of 12 banks have shown improvement after coming under the RBI's PCA list.


Anand Adhikari
October 29, 2018
Close to a dozen public sector banks are under PCA framework, monitored by RBI with lending restriction till they nurse back to good health.


Anand Adhikari
October 27, 2018
The RBI always has had its disagreements with the government, mostly in private and rarely in public, when it comes to its autonomy in setting the monetary policy, regulating banks, managing the rupee value in foreign exchange market, and even debt management function.


Anand Adhikari
New Delhi, October 24, 2018
The lending environment is still challenging. The corporate are still to get into the expansion mode to borrow from banks.


PTI
August 26, 2018
According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17. The country's largest lender State Bank of India (SBI) led the pack with nine of its overseas branches in the red.


BusinessToday.In
New Delhi, August 17, 2018
Gross NPAs have exceeded Rs 8.5 lakh crore, up 19% year-on-year, while total provision for NPAs jumped 28% (y-o-y) to Rs 51,500 crore.


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


Anand Adhikari
July 3, 2018
The BJP-led NDA Government has pulled a rabbit out of their hat by announcing a slew of initiatives aimed at avoiding the bankruptcy proceedings for banks as well as defaulting promoters.


Anand Adhikari
New Delhi, June 11, 2018
The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage


BusinessToday.In
June 11, 2018
This year in February, Punjab National Bank informed that it had detected fraudulent transaction of over Rs 11,000 crore - which later turned out to be worth Rs 14,000 crore - at its Brady House branch in Mumbai.


PTI
June 9, 2018



BusinessToday.In
May 31, 2018
All the 38 listed banks accounted for gross NPAs totalling over Rs 10.17 lakh crore in the quarter ended March.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


BusinessToday.In
May 25, 2018
The employees of public sector banks will go on a two-day strike from May 30-31 to protest a 'meagre' 2 per cent wage hike offered by the Indian Banks' Association (IBA).


PTI
May 23, 2018



Naresh Makhijani, Harshvardhan Bisht
New Delhi, March 5, 2018
Merging a weaker public sector bank with a stronger one may not necessarily improve the asset quality of the former.


Prosenjit Datta
February 28, 2018
It will not be easy. And it will require far more political will than any government has shown so far.


Dr. Suresh Srinivasan
New Delhi, January 30, 2018
India is yet to see a major privatization drive, at least in the last ten years! Currently Central Public Sector Enterprises.


PAGES 2 OF 3  123