Tue, Nov 12, 2024
Public Sector Banks report strong 11% growth in H1 FY25, driven by banking reforms and digital advances, with improved profits, reduced NPAs, and enhanced customer service, showcasing resilient financial performance.
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Mon, Sep 23, 2024
Which PSU stocks are buying opportunities? Strong money will be made in government banks?
Fri, May 03, 2024
EXCLUSIVE news related to PSU Banks - DFS's plan ready to fulfill MPS rules in PSU banks - DFS told that banks were asked to first consider the QIP route.
Wed, Dec 28, 2016
Considering Acharya's major interest, does that mean with his appointment the Modi-led government once again shifts its focus on bank's long hanging stress – 'the bad loans'?
Mon, Dec 12, 2016
To avoid any malpractices, the government on Sunday asked all public sector banks to strictly maintain record of deposits made through both old Rs 500 and Rs 1,000 notes and other valid currencies.
Mon, Sep 19, 2016
The worst is almost over for India’s banking system in the matter of asset quality, said the international ratings agency, Moody’s Investor Services on Monday.
Tue, Aug 30, 2016
Public sector lender, Dena Bank announced on Monday that it is looking to raise Rs 1,100 crore from Basel lll Compliant Tier ll Bonds in one or more tranches and instruments.
Fri, Jul 22, 2016
Out of Rs 22,915 crore infused, the government allocated Rs 7575 crore to State Bank of India.
Mon, Jul 18, 2016
30 lakh people have enrolled in the Atal Pension Yojana (APY) so far. Moreover, the Government said that nearly 5000 people are subscribing to the pension plan every day.
Thu, Jul 14, 2016
India Ratings believe that these banks need more capital. It, however, also said the banks can be given this extra cash by way of Additional Tier 1 bonds.
Mon, Jun 06, 2016
Jaitley further said, "Banks should be empowered and protected so that they can reach settlements on bad loans."
The S&P BSE Banex was up 0.23% at 9:45 am as against the broader market’s gain of 0.06%.
Wed, Jun 01, 2016
In 2015, Christians and Sikhs got Rs 57,902 crore and 63, 625 crore worth of loans and commanded 21.47% and 23.60% share as against Rs 52, 662 crore (21.87%) and Rs 59, 200 crore (24.58%) in 2014, respectively.
Tue, Apr 26, 2016
The guiding principle for the consolidation process of banking in India has so far been the Narasimham Committee.
The apex court also directed that the details of assets owned by Mallya's family members also be made available to banks
Mon, Apr 25, 2016
They could see negative pressure on their credit profile if the government does not revise upwards its capital infusion plans, said the Moody's report
Mon, Apr 11, 2016
On the Kingfisher Airlines' default, Rajan said it is important to learn from mistakes and move on.
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