public sector banks
ED transfers Rs 9,371.17 cr seized assets of Mallya, Nirav, Choksi to PSBs, Centre
Vijay Mallya, Nirav Modi, and Mehul Choksi had allegedly defrauded various PSBs by siphoning off the funds through their companies
Govt to bring amendments to two Acts to enable privatisation of PSU banks
Finance Minister announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.75 lakh crore
Public sector banks will need Rs 2.1 lakh crore to plug capital shortfalls: Moody's
Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021
Mega merger of state-run banks comes into force from April 1: RBI
The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan
Sentiment likely to remain positive
The Sensex settled 428 points, or 1.05 per cent higher, at 41,009.71 level.
Financial sector fragilities taming growth
For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.
PSBs may get nod to hold over 10 per cent in two insurers
Breather for public sector banks post-amalgamation.
Public sector banks disburse Rs 4.91 lakh cr loan during Oct-Nov
Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.
Public sector banks told to outline insurance JVs’ future
Banks will have to take a call and then come to the regulator with a road map on what they want to do: official.
Not through bonds, only cash, says Rangarajan on banks recapitalisation
The centre has infused Rs 2 lakh crore as capital into various banks during the past three years.