Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20: Moody's

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

Despite massive capital infusion, full turnaround is still away for PSBs: Moody's

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and capitalisation.

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

No other large economy in the world has grown at 7 per cent year after year, says PM.

Both the Assembly and Council will meet separately at 11.30 am.

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).

EPFO, revised downwards its payroll data for November 2018 by 23.44 per cent to 5.80 lakh against the earlier estimate of 7.16 lakh

The GST Council was also slated to discuss the reports of the Group of Ministers (GoM) on under-construction housing property and lottery.

The government will pump in Rs 12,535 crore in four other banks under PCA.