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CCEA approves recapitalisation of RRBs
Information and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will …
PTI
Economic Survey 2020 has signs for what banks can expect from Nirmala Sitharaman's budget speech
Chief Economic Advisor KV Subramanian's latest survey has dedicated a lot of time and space to delv…
Indian government to make loans easier and cheaper with a ₹70,000 crore gift to banks
The Indian government will release as much as ₹70,000 crore upfront to public sector banks to ea…
Indian banks will now have more cash to lend for more reasons than one
The Finance Minister today gave a shot in the arm for public sector banks. They will be given ₹70,0…
Indian markets cheer government’s cash support for its ailing banks
Rather than dipping into its own pockets, the government will raise funds for the initiativ…
India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year
The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …
PSB NPAs likely to rise 2-4 pc points; may push govt to recapitalise via RBI reserves, bonds: Report
Asserting that such a move does not entail a moral hazard, it elaborated saying PSU banks can heal …
PTI
Government might use half of your increased salary to fund bank capitalisation
In order to recapitalise banks without putting extra pressure on the fiscal, the government might u…
Govt may not announce capital infusion for PSU banks in Budget 2023-24
The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …
PTI
Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED
et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …
PTI
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
Markets reward PSBs, push up their market caps
Looking at the table in the article one can see that the benchmark indices saw a small decline i…
NC dismisses budget 2022 as 'wordplay', 'sophistry'
"This budget will only increase inequality and leave the largest section of our population includi…
PTI
State-owned bank NPAs may rise in FY21, govt's fiscal deficit to widen: Bank of America
Asserting that such a move does not entail a moral hazard, it elaborated saying that public sector…
PTI
What is a bad bank and why are some people pushing for it ahead of Budget 2021?
India’s government owned banks like State Bank of India, Punjab National Bank and Bank of Baroda ha…
PSBs' financial health should be assessed by their ability to raise resources from markets: RBI
Mumbai, Dec 24 () The financial health of state-owned banks should be assessed by their ability to …
PTI
India's GDP to contract by 3 pc in FY21: BofA
The rural sector also is a relatively bright spot because of better monsoons which will deliver a …
PTI
Indian banks to face asset quality, earning pressure for at least 2 years: Report
"We expect the majority of the injection to come through in FY22, as bad loan recognition has been…
PTI
Now you can open a demat account with just an Aadhaar card
In a major relief to those who are looking to invest in the stock markets, Finance Minister Nirmala…