public sector banks


A K Capital Services leads race to manage India's first debt ETF

Jul 15 2018

Debt advisory services firm A K Capital Services is likely to manage Indias first Debt Exchange Traded Fund (ETF) proposed to be set up for PSUs and public sector banks to raise long terms funds from the market.

Govt open to giving more powers to RBI: FM

Jun 19 2018

Goyal said the govt is open to giving more powers to RBI to deal more effectively with frauds like the ones allegedly committed by Nirav Modi in PNB.

Athawale seeks details of loans to SC/STs from banks

Jun 15 2018

Union minister of state for social justice and employment Ramdas Athawale today met public sector banks to take stock of loans given by them under various government schemes, to the weaker section.

Piyush Goyal says government committed to support state banks

Jun 08 2018

India’s interim finance minister said that the government was committed to support all state-run banks and strengthen their operations, after several lenders reported a jump in net losses last month.

Bankers brainstorm with Goyal on improving credit flow, sectors health

Jun 08 2018

Top bankers from north and south India discussed modalities to improve credit flow and setting up global standards in the banking system, Piyush Goyal said.

PSBs recap plan insufficient to support credit growth: Moody's

Jun 07 2018

Moody's said the govt's recapitalisation plan for 21 state-run banks will help them in meeting regulatory capital needs, but will be insufficient to support credit growth.

Piyush Goyal vows to clean up banking sector

May 17 2018

Goyal vowed to put on track the banking sector, which has been marred by scandals that threaten to have repercussions for the broader economy.

New monetary limits for PSBs to report frauds to CBI: CVC

May 12 2018

The monetary threshold for public sector banks to report frauds to different departments of the CBI for a probe has been revised, according to the CVC.

Improve bank's ability to go after debtors: IMF to India

Apr 18 2018

IMF has urged India to strengthen the ability of banks to go after debtors and warned that debts negatively impact investments.

Panagariya makes strong case for privatisation of PSBs

Mar 25 2018

Panagariya said that predominance of scandals and NPAs in PSBs is only one albeit important reason for privatisation of PSBs.

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