PSU

LOANS 

PSU Banks Face 1,463 NPA Accounts Of Rs. 100 Crore Each

January 17, 2018 Loknath Das 1%, 100, 463, accounts, banks, crore:, Each, Face, NPA, of, PSU, Rs

Gross NPAs of state-owned banks stood at Rs. 7.34 lakh crore by the end of second quarter     HIGHLIGHTS In SBI,

Read more

BANKING & SAVING 

Insurer Aviva India Turns To PSU Banks On Recapitalisation Plan Boost

November 24, 2017 Loknath Das Aviva, banks, boost, India, Insurer, on, Plan, PSU, recapitalisation, to, Turns

Aviva Plc’s India life insurance joint venture is raising its exposure to the country’s state-run banks as it bets the

Read more

STOCKS 

Sensex Extends Rally, Nifty Above 10,050; PSU Banks Gain

September 13, 2017 Loknath Das 10050;, Above, banks, Extends, gain, Nifty, PSU, rally, Sensex

The BSE Sensex and Nifty extended gains in the noon trade with fresh buying coming in state-owned banks like SBI,

Read more

BANKING & SAVING 

PSU Banks Take Recovery Action Against 5,954 Wilful Defaulters

August 30, 2017 Loknath Das 5954, action, against, banks, defaulters, PSU, recovery, Take, wilful

New Delhi: Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs.

Read more

BANKING & SAVING 

SBI Chief Says Mergers Can Reduce PSU Banks’ Need For Government Capital

August 25, 2017 Loknath Das banks, can, capital, chief, for, government, Mergers, need, PSU, reduce, Says, SBI

Mumbai: State Bank of India chairperson Arundhati Bhattacharya on Tuesday called for more consolidation among the public sector banks, saying

Read more

BANKING & SAVING 

Government May Approve One More PSU Bank Consolidation By March

June 10, 2017 Loknath Das Approve, Bank, By, Consolidation, government, March, may, more, one, PSU

New Delhi: Enthused by the success of SBI merger, the Finance Ministry is considering clearing another such proposal in the

Read more

BANKING & SAVING 

Govt to go ahead with PSU bank merger without further wait: Arun Jaitley

June 6, 2017 Loknath Das ahead, Arun, Bank, further, go, Govt, Jaitley, merger, PSU, to, wait:, with, without

The government on Tuesday said it is examining the possibility of further consolidation in the public sector banking space without

Read more