Sector PSU Banks - Latest news, views and updates

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SECTOR | 21 Jul 2015

44 corp borrowers owe over Rs 5K-cr each to five PSBs

Economic Times

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

Private banks leave PSBs behind in net profit stakes in FY15

Business Line | 22 Jul 2015

PSU Banks

SECTOR | 14 May 2015

Over 40 apply for five posts of MD & CEOs in five PSBs

Business Standard

The government, after failing to get satisfactory response from private sector, relaxed the rules for the recruitment process

PSU Banks

SECTOR | 13 May 2015

PSU banks need more time to improve credit profile: Moodys

livemint

Moodys says the overall debt servicing metrics of Indian corporates are weak, which exhibit very high debt levels and will require years to improve

PSU Banks

SECTOR | 13 May 2015

Moodys remains bearish on PSU banks in near term

Business Line

Credit rating agencies remain bearish on the Indian public sector banks in the near term. After Crisils report on asset quality of banks, Moodys Investor Service expects improvement in the credi...

PSU Banks

SECTOR | 13 May 2015

PSU banks need time to improve profile: Moody's

Economic Times

Indian PSU banks will need years to improve credit profiles, which are tied up with corporate balance sheets, said Moody's.

PSU Banks

SECTOR | 11 May 2015

PMO to review steps to check loan frauds on Thursday

Business Standard

Top 30 defaulters account for bad loans of Rs 95,122 cr, or more than a third of entire NPAs of PSU banks as on Dec 2014

PSU Banks

SECTOR | 11 May 2015

Led by SBI Group, PSU Banks Dominate Credits, Deposits Space

NDTV Business

Public sector banks (PSBs) had 73.2 per cent and 73.9 per cent market share in credits and deposits respectively as of end March 2014, as per the latest report by the Reserve Bank.

PSU Banks

SECTOR | 06 May 2015

Bank stocks bleed, but PSBs bleed less!

Business Line

Public sector banks (PSBs), which have generally been mauled over their high NPA levels with market pundits often voicing their preference for private sector bank stocks, have emerged relatively u...

PSU Banks

SECTOR | 05 May 2015

FinMin initiates process of identifying chairmen for PSU banks

Business Standard

There are eight vacancies for this slot at various public sector banks including Punjab National Bank, Bank of Baroda, Syndicate Bank and Canara Bank

PSU Banks

SECTOR | 05 May 2015

Why mergers between public sector banks remain a non-starter

Business Line

Unlike their private sector counterparts, top honchos of PSBs dont get the needed tenure or opportunity to look at consolidation