You Searched For "state owned banks" and got 18 results
Sort By:
1 min read
Punjab National Bank's net profit more than doubles to ₹1,127 crore
However, total income during October-December 2021 declined to Rs 22,026.02 crore as against Rs…
PTI
2 mins read
Indian government decides to merge ten public sector banks to form four large entities
Indian finance minister Nirmala Sitharaman today announced the merger of ten state-owned banks into…
1 min read
India to facilitate state-owned banks with $3 billion this fiscal
A report published in Economic Times says that the intended injection into state banks is significa…
1 min read
FM to meet CEOs of state-owned banks on Saturday
New Delhi, Dec 26 () Finance Minister Nirmala Sitharaman will hold a meeting with heads of public s…
PTI
3 mins read
8 state-owned banks announce share swap ratios for mergers
A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court,…
PTI
3 mins read
10 state-owned banks announce share swap ratios for mergers
A Grievance Redressal Committee headed by Vijay Kumar Vyas, retired judge of Rajasthan High Court, …
PTI
1 min read
Chinese state-owned banks are propping up the yuan while the central bank signals currency weakness
Chinese banks have frequently sold dollars in the currency market this year to stem the yuan's decl…
Aruni Soni
1 min read
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
2 mins read
India’s finance ministry claims that state-owned banks will recover 20% of their bad loans this year
While a number of large accounts are expected to be resolved under the Insolvency and Ban…
2 mins read
India’s government is merging three state-owned lenders to create one of the country’s largest banks
The problems plaguing India’s public sector banks are well known. In addition to poor governance,…
3 mins read
A number of unions in India are protesting against the government’s decision to merge three state-owned banks
As a result, banking services at a number of public-sector banks will be affected including AT…
3 mins read
Deutsche Bank reportedly scrambled to jettison a $600 million loan it made to a Russian state-owned bank in 2016, amid questions over election meddling
The bank concluded that Trump's campaign rhetoric made him a risky borrower, and public knowledge o…
Jeremy Berke
2 mins read
The chairman of India’s largest bank has said that it shouldn’t absorb any more banks
SBI is India’s largest bank, holding a little under a quarter of all the assets in the banking…
2 mins read
India's largest bank is shutting down some international branches to save money
However, instead of exiting countries completely, SBI will mostly cull branches in countries w…
3 mins read
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 …
2 mins read
Fitch Ratings says Indian banks to write off more loans
New Delhi, Dec 5 () Indian banks are likely to take significantly more loan write-offs to reduce ba…
PTI
3 mins read
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…
2 mins read
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…