Search For "psbs"
Updated : 3 years, 9 months ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
Updated : 3 years, 10 months ago IST
New Delhi [India], Dec 26 (ANI): The Ministry of Finance is likely to issue the first tranche of recapitalisation bonds to public sector banks (PSB) in early January, official sources from the ministry have confirmed.
Updated : 3 years, 11 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
Updated : 3 years, 12 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror
Updated : 4 years, 2 months ago IST
New Delhi [India], June 12 (ANI): Finance Minister Arun Jaitley is scheduled to meet the heads of the Public Sector Banks (PSBs) on Monday to discuss the current situation of non-performing assets (NPAs) and the measures being taken to recover voluminous bad loans worth over Rs six lakh cror
New Delhi [India], Feb. 7 (ANI): Minister of State in the Ministry of Finance, Santosh Kumar Gangwar, revealed in Rajya Sabha on Tuesday that Public Sector Banks (PSB) recorded a moderate decline of Rs. 2,556 Crore in recovery of Non-Performing Assets (NPA).
New Delhi [India], Jan 12 (ANI): The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs. 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil jo
New Delhi [India], Jan 5 (ANI): The Banks Board Bureau is working on a fairly attractive compensation package including elements of bonus, employee stock ownership plans (ESOPs), non-monetary perks and others at all management levels as part of corrective steps to ensure that best of profess
New Delhi [India], Dec 21 (ANI): In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000 settled on Immediat
New Delhi [India], Nov. 24 (ANI): The Sports Ministry will today convene a meeting of major Public Sector Undertakings (PSUs) and Public Sector Banks (PSBs) in the national capital to discuss ways and chalk out strategies to promote sports in the country.
New Delhi [India], Sep 21 (ANI): Asserting there are no quick fixes for grave problems facing the public sector banks, mainly centered around close to Rs. five lakh crore non-performing assets, ASSOCHAM President Sunil Kanoria today said a paper brought out by the chamber clearly suggests me
New Delhi [India], Sept. 16 (ANI): Finance Minister Arun Jaitley on Friday expressed hope that the public sector banks would tighten up to a point where they are able to transmit cuts in policy rates by the Reserve Bank of India (RBI).