June 19, 2018 6:25 pm
"Public money is extremely safe in PSU banks. Government stands behind them 100 per cent," Piyush Goyal said. He stated however that he was not "sure" as to how safe the public money is with private companies which have huge income tax dues.
February 20, 2018 12:00 am
A process of virtual de-nationalisation of PSU banks, at least at the operating level, has to be the first step
July 25, 2017 3:00 am
Profits deteriorated sharply in the last two years as NPAs spiked and the RBI-mandated asset quality review forced them to make higher disclosures of non-performing loans.
May 13, 2016 2:08 am
The higher provisions are expected to make loans costlier for large borrowers which have fund based credit limit of over Rs 25,000 crore in 2017-18 and Rs 15,000 crore in 2018-19.
February 18, 2016 1:52 am
Parekh called for a total overhaul of the public sector banks allowing the entry of right talent, prospective new investors and the Bankruptcy Code.
December 25, 2015 11:38 pm
Jaitley said the government is making all efforts to give a final shape to the Banks Board Bureau (BBB) so that all other personnel-related decision with regards to the banks can also be professionalised.
August 01, 2015 2:12 am
PSBs’ extra fund needs pegged at Rs 180K cr by 2019.
June 23, 2015 2:44 am
For the first time, senior SBI officials were called in for interviews for MD & CEO posts in PSU banks.
March 18, 2015 2:41 am
The government has already appointed 10 GMs as EDs last week against 12 vacancies of EDs.
March 09, 2015 12:00 am
New approach on capital infusion is welcome. Now, government must lay out a roadmap for public banks.