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Nation-Wide Strike Impacts Banking Services At PSU Banks
Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.
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Budget 2018: Fund Infusion To Level Core Capital Profile For PSU Banks, Says Report
Pace of fresh bad loan generation continues to moderate with an annualised rate of 3.9 per cent for the second quarter of FY18 as against an annualized 5 per cent for the first half and 5.5 per cent for FY17.
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How The Government's Mega Bank Plan Is Expected To Play Out
The government's plan will have little impact on its target to shrink the shortfall to 3.2 per cent of GDP in the year through March 2018 because the IMF's rules classify such debt as "below-the-line" financing.
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Government's Record Bank Capital Boost Lauded by Fitch, Moody's
The government will sell Rs 1.35 lakh crore of recapitalization bonds, while banks will raise another Rs 76,000 crore through "budgetary support" and from the markets, according to the plan announced Tuesday.
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Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
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RBI Chief Urjit Patel Says State Banks Need More Capital
Extra capital will need to be raised in several ways, including raising funds from the market and through the government diluting its stake in state-run banks, Mr Patel told a conference in Mumbai.
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Demonetisation: 27 Senior PSU Banks Officials Suspended
In a major crackdown on bank employees involved in irregularities post demonetisation, as many as 27 senior officials of various public sector banks have been suspended and six others transferred to check corrupt practices.
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Government Addressing Banks' Bad Loans Issue: PM Modi
Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.
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Unions Defer Proposed Four-Day Bank Strike
PSU bank employees' unions have deferred the proposed four-day strike from January 21, after the management of the banks assured that wage-related issues will be resolved by early February.
-
PSU bank unions on two day strike from today
A section of the public sector banking employees will go on two-day all-India strike from today to protest against financial sector reforms and outsourcing of jobs.
-
Nation-Wide Strike Impacts Banking Services At PSU Banks
Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day.
-
Budget 2018: Fund Infusion To Level Core Capital Profile For PSU Banks, Says Report
Pace of fresh bad loan generation continues to moderate with an annualised rate of 3.9 per cent for the second quarter of FY18 as against an annualized 5 per cent for the first half and 5.5 per cent for FY17.
-
How The Government's Mega Bank Plan Is Expected To Play Out
The government's plan will have little impact on its target to shrink the shortfall to 3.2 per cent of GDP in the year through March 2018 because the IMF's rules classify such debt as "below-the-line" financing.
-
Government's Record Bank Capital Boost Lauded by Fitch, Moody's
The government will sell Rs 1.35 lakh crore of recapitalization bonds, while banks will raise another Rs 76,000 crore through "budgetary support" and from the markets, according to the plan announced Tuesday.
-
Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
-
RBI Chief Urjit Patel Says State Banks Need More Capital
Extra capital will need to be raised in several ways, including raising funds from the market and through the government diluting its stake in state-run banks, Mr Patel told a conference in Mumbai.
-
Demonetisation: 27 Senior PSU Banks Officials Suspended
In a major crackdown on bank employees involved in irregularities post demonetisation, as many as 27 senior officials of various public sector banks have been suspended and six others transferred to check corrupt practices.
-
Government Addressing Banks' Bad Loans Issue: PM Modi
Noting the massive stressed assets, or bad loans, of state-run banks, Prime Minister Narendra Modi on Monday said the government would be infusing Rs.70,000 crore in the public sector banks (PSBs) in the next few years.
-
Unions Defer Proposed Four-Day Bank Strike
PSU bank employees' unions have deferred the proposed four-day strike from January 21, after the management of the banks assured that wage-related issues will be resolved by early February.
-
PSU bank unions on two day strike from today
A section of the public sector banking employees will go on two-day all-India strike from today to protest against financial sector reforms and outsourcing of jobs.
