Back to homepage

Tag "state run banks"

Ficci joins chorus for privatising state-run banks

Ficci joins chorus for privatising state-run banks

🕔10:08, 20.Feb 2018

New Delhi, Feb 20  Noting that recapitalisation of state-run banks over the last decade has had little impact on improving their health, industry chamber Ficci on Monday called for their privatisation in the interest of creating “a dynamic banking sector”

Read Full Article
India Inc welcomes move to infuse Rs 2.11 lakh crore in state-run banks

India Inc welcomes move to infuse Rs 2.11 lakh crore in state-run banks

🕔10:22, 25.Oct 2017

New Delhi, Oct 25  The government’s decision to infuse Rs 2.11 lakh crore in public sector banks and spend Rs 14 lakh crore on infrastructure projects has received the thumbs up from India Inc. “This milestone announcement on recapitalising banks

Read Full Article
Bad loans of state-run banks double in 15 months

Bad loans of state-run banks double in 15 months

🕔09:27, 25.Aug 2016

Mumbai, Aug 25  The gross non-performing assets (NPAs), or bad loans, of India’s state-run banks, measured as a percentage of their advances, have ballooned from 5.4 per cent as on March 2015 to 11.3 per cent 15 months later, as

Read Full Article
Empower state-run banks’ boards, cut government control: Rajan

Empower state-run banks’ boards, cut government control: Rajan

🕔10:40, 17.Aug 2016

Mumbai, Aug 17  Outgoing Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday suggested empowering of boards of state-run banks while making the case for a major reduction in government and regulatory oversight, including by the RBI itself.“Today, a

Read Full Article
State-run banks will need more capital to meet adequacy norms: RBI

State-run banks will need more capital to meet adequacy norms: RBI

🕔11:03, 27.Jun 2015

New Delhi, June 27  The Reserve Bank of India said on Friday that state-run banks are adequately capitalised, but would need additional funds to comply with international capital adequacy norms in the future. “Right now the banks are adequately capitalised.

Read Full Article
Jaitley to meet heads of state-run banks

Jaitley to meet heads of state-run banks

🕔11:59, 11.Jun 2015

New Delhi, June 11  Finance Minister Arun Jaitley will meet heads of public sector banks on Friday to persuade them to pass on Reserve Bank of India’s (RBI) rate cut benefit to borrowers to stimulate growth. The meeting will also

Read Full Article