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About 329 results for "psu banks"

RBI cuts key rate by 0.25%; loans to be cheaper

PSU banks write off Rs 2.49 lakh cr of loans in 5 years

Public sector banks have "written off" nearly Rs 2.5 lakh crore loans in the last five financial years, the finance ministry said quoting RBI data. As many as 27 public sector banks, including SBI and its five associates, in 2016-17 have written off Rs 81,683 ... Business Standard, 1 week ago

112 images for psu banks

Money Today, 2 days ago
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Money Control, 1 month ago
Money Control, 3 weeks ago
Money Control, 1 month ago
Money Control, 1 month ago
Money Control, 1 month ago

PSU banks under pressure; PNB, Andhra Bank down 5%

Nifty PSU Bank index was down 4% as compared to 1% decline in Nifty 50 index
 Business Standard1 month ago Nifty PSU Bank surges 4% after SBI introduces 2-tier saving bank interest rate  Money Control2 weeks ago SBI gains after cutting savings bank rate to 3.5% for deposits below Rs 1 cr  Business Standard2 weeks ago Rate sensitive stocks slip as RBI cuts repo rate by 25 bps to 6%  Business Standard2 weeks ago
Money Control

Indian banks most at risk among South, S-E Asian peers: Poll

It said the government has appeared reluctant to increase capital injection into PSU banks despite the limited ability of these lenders to access equity markets for the much-needed capital.
 DNA3 weeks ago PSU banks rally 2-5% as analysts upgrade PNB, Bank of Baroda after recent steep fall  Money Control1 month ago A likely rise in provisioning cost could derail 50% rally seen in PSU banks  Money Control1 month ago Mkt may consolidate till it digests GST impact; like pharma, IT, pvt banks: UTI MF  Money Control2 months ago

Bank stocks in spotlight as Jaitley to meet heads of PSU banks

Bank stocks will be in focus. Finance Minister Arun Jaitley will meet heads of public sector banks (PSU banks) today, 12 June 2017 to discuss the issue of non-performing assets (NPAs) and the steps being taken by them to expedite the recovery of bad loans.
 Business Standard2 months ago As loan books of PSBs shrink, bank credit growth at 20-year low  Rediff.com2 weeks ago FM to meet heads of PSU banks to discuss NPAs issue  News on Air2 months ago FM to meet PSU banks chief tomorrow to discuss issue of NPAs  News on Air2 months ago

Nifty falls 64 points, banks drag

Benchmark Nifty fell for the fifth consecutive session to hit over one-month lows after PSU banks sank on reports that RBI has demanded high provisioning for loans submitted under the insolvency process. Profit-booking ahead of June derivative expiry and GST ...
 Business Standard1 month ago Nifty snaps six-day losing streak; banks recover  Sify1 month ago India's NSE index hits one-month low; banking stocks drag  Sify1 month ago India's NSE index snaps six-day losing streak; banks recover  Sify1 month ago

FPIs, mutual funds hike stake in PSU banks in Q1

Foreign portfolio investors (FPIs) and domestic mutual funds (MFs) have increased their stake in public sector banks (PSBs) in the April - June quarter (Q1FY18), on the expectation that there will be a resolution to the non-performing assets (NPAs) issue.Data ...
 Business Standard1 month ago PSU banks fail to push mutual funds  Rediff.com1 month ago

SBI rate cut to hit small savers

First reduction in savings rate since deregulation; other PSU banks expected to follow suit
 DNA2 weeks ago Sensex Closes in Red as Rate Cut Fails to Cheer Markets  Equitymaster.com2 weeks ago Indian share markets finished in red as Sensex finished lower by 98 points while Nifty closed 33 points down  Equitymaster.com2 weeks ago
Money Control

Markets continue trading higher in afternoon trade; PSU banks rally

Nifty PSU Bank index rose nearly 3% with Canara Bank and Syndicate Bank up more than 3% each
 Business Standard1 month ago Market Live: Sensex jumps 160 pts, Nifty eyes 9,700; PSU Bank zooms nearly 3%  Money Control1 month ago Markets trade higher: Nifty hits 9,700 on PSU bank rally  Business Standard1 month ago Market Live: Sensex, Nifty trade steady, but market breadth favours declines; HDFC up 1%  Money Control2 months ago
Money Control

Currently focussing on nuances of bank; not looking at merger: Bank of India

Public sector undertaking (PSU) banks are in focus due to stressed assets in the balance sheets and Bank of India (BoI) has seen healthy core provision coverage ratio among peers.
 Money Control3 weeks ago Govt may merge 21 PSBs to create 5-6 global banks  The Financial Chronicle2 months ago Govt to go ahead with PSU bank merger without further wait: FM  Business Standard2 months ago Central Bank of India put under ‘­­prompt corrective action’  The Financial Chronicle2 months ago

We are making decent progress in transformation journey: Bank of Baroda

Bank of Baroda (BoB) has a very strong provision coverage ratio in comparison to other public sector undertaking (PSU) banks. Their tier-I capital ratio is also significantly higher. While most others are consolidating their balance sheet, BoB is talking ...
 Money Control1 month ago Why Bank of Baroda is among preferred PSBs  Business Standard1 month ago
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