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NEWS
Forget privatisation, govt has hugged its banks tighter
Sat, Jan 19, 2019     Source : Mint
Instead of going for bank privatisation, the government—through its mammoth recapitalisation plan—has increased its stake and hence its hold on PSU banks.
NEWS
Govt may need to infuse about Rs 600 bn in PCA banks to shore capital base
Wed, Jun 06, 2018     Source : Business Standard
While huge net NPAs leave nothing on the table, other capital-raising options are not easy currently.
NEWS
Moody’s upgrade may help small government banks
Tue, Nov 21, 2017     Source : Economic Times
India’s latest rating upgrade in more than a decade by Moody’s Investor Services may come as a shot in the arm for smalland mid-sized state-owned banks, which are reeling under mounting bad loans.
NEWS
Govt banks devise three-tier plan for bad loan resolution
Fri, Jun 23, 2017     Source : Mint
NPA accounts under Rs1,000 crore to be sold to ARCs, those up to Rs5,000 crore to be resolved through RBI schemes, rest to be tried at NCLT
NEWS
Debt recast norms to hit government banks the most
Sat, Feb 02, 2013     Source : Business Standard
If the Reserve Bank of India’s (RBI) draft norms on loan restructuring are finalised, public sector lenders that hold a major share in restructured loans would be the most hit.
NEWS
Investors flock to private finance companies, give government banks a miss
Wed, Jan 23, 2013     Source : Economic Times
Private banks draw big investment due to better asset quality resulting from retail focus
NEWS
Shareholder directors’ term in government banks, insurers may be capped
Thu, Dec 20, 2012     Source : Business Standard
The government is planning to cap the term of shareholder and non-official directors on the boards of public- sector banks, insurance companies and financial institutions at six years.
NEWS
Rights issue on cards for government banks
Fri, Nov 30, 2012     Source : Business Standard
Ahead of the implementation of Basel-III norms in the banking sector, public sector banks are looking to raise capital, with a rights issue being the preferred mode of capitalisation.
NEWS
LIC, government banks rescue
Sat, Nov 24, 2012     Source : Business Standard
The Hindustan Copper stake sale, the first disinvestment this financial year, managed to sail through today, mainly on support from Life Insurance Corporation (LIC) and public sector banks while witnessing...
NEWS
Loan loss cover for government banks declines amid rising NPAs
Thu, Nov 15, 2012     Source : Business Standard
Amid a rise in non-performing assets, most public sector banks have seen a substantial drop in their provision coverage ratio in the year since the Reserve Bank of India (RBI) withdrew the 70 per cent prov...
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Feb 17 , 2020
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