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SECTOR | 03 Aug 2015

State-run banks rally, Q1 results stoke optimism on asset quality

Business Line

Shares of state-run banks rally as Q1 results have stoked optimism about lenders' asset quality.
The gains come a day ahead of the central banks policy review when it is expected to kee...

PSU Banks

SECTOR | 03 Aug 2015

PSU banks extend rally; SBI surges over 10% in three days

Business Standard

In the past three trading sessions, the PSU bank index has rallied 12.5% against a 2.1% rise in the benchmark index.

PSU Banks

SECTOR | 03 Aug 2015

Bank recapitalisation: Should you buy PSU bank stocks?

Business Standard

While the move to recapitalise is in the right direction, analysts say, there is still no visibility of earnings improvement

PSU Banks

SECTOR | 02 Aug 2015

Short-term reprieve for public sector banks

livemint

While the capital infusion will definitely boost sentiment, the quantum of capital might not be enough, given the pile of troubled assets and the past record of a chunk of restructured loans turning bad

PSU Banks

SECTOR | 31 Jul 2015

Are toxic assets of PSU banks on the decline?

Business Standard

The Reserve Bank of India's Deputy Governor S. S. Mundra in an interview with Reuters said that the latest April-June earnings of PSU banks showed "stability" in terms of non-performing assets (NPAs). Though NPAs are not back to desirable limits, ...

PSU Banks

SECTOR | 31 Jul 2015

Govt seeks $4 billion spending boost, almost half for PSU banks

livemint

High levels of NPAs in the PSU banks have made it hard for the govt to revive investment or accelerate growth in Asias third largest economy

Govt seeks Parliamentary nod for Rs 12,010-cr capital infusion in PSU banks

Business Line | 31 Jul 2015 2 more

PSU Banks

SECTOR | 31 Jul 2015

CNX PSU Bank index surges 5% on government capital infusion plan

Business Standard

SBI, Union Bank, IDBI, Canara Bank, Allahabad Bank, Bank of India, Oriental Bank & Bank of Baroda were up 5%-7%.

PSU Banks

SECTOR | 29 Jul 2015

PSU banks hit fresh 52-week low; analysts remain cautious

Business Standard

Bank of India, Allahabad Bank, Canara Bank, Dena Bank, Oriental Bank, Syndicate Bank, Uco Bank and Vijaya Bank have touched their respective 52-week lows on the NSE.

Bank of India Hits 52-Week Low, PNB Plunges 5%

NDTV Business | 29 Jul 2015

PSU Banks

SECTOR | 28 Jul 2015

The naked truth about PSU banks

livemint

Rising bad assets are to blame for the dismal results announced by three large PSU banks on Tuesday

PSU Banks

SECTOR | 22 Jul 2015

44 firms owe over 5k cr each to five public sector banks

Business Line

The government today said as many as 44 corporate borrowers had taken loans in excess of 5,000 crore each from public sector banks as of March 2015.
While the total outstanding corporate...