Sector PSU Banks - Latest news, views and updates

Credit rating agency Crisil on Thursday downgraded eight PSU banks including Bank of India and Canara Bank, following deterioration in their asset quality, and also revised the outlook on five of them...

PSU banks under pressure after Crisil downgrade

Business Standard | 11 Mar 2016

PSU Banks

SECTOR | 08 Mar 2016

Even SBI is a very small bank by global standards: RK Takkar

Business Line

Consolidation of PSU banks is the need of the hour, says UCO Bank Chairman

M&As may begin with 6-8 PSU banks'

Business Line | 08 Mar 2016

PSU Banks

SECTOR | 04 Mar 2016

Govt to provide more capital to PSU banks, if needed: Sinha

Business Standard

Government has provided Rs 25,000 crore in the Budget 2016

Worst is over for PSU banks, says Sinha at Gyan Sangam

Business Standard | 05 Mar 2016 1 more

PSU Banks

SECTOR | 04 Mar 2016

PSU banks in focus; Oriental Bank, Syndicate Bank up over 5%

Business Standard

Thus far in current week, the PSU bank index rallied nearly 19%, its biggest week gain since May 2009.

PSU Bank Officers Stage Protest at Gyan Sangam

NDTV Business | 04 Mar 2016

PSU Banks

SECTOR | 02 Mar 2016

PSU banks rally after RBI new Basel norms; SBI, BOB surge over 8%

Business Standard

SBI, BOB, BOI, Indian Bank, Union Bank of India, Canara Bank and PNB are among few rallied more than 6% on NSE.

PSU banks rally on RBI move; shares surge by up to 12.5%

Economic Times | 02 Mar 2016 1 more

PSU Banks

SECTOR | 29 Feb 2016

Capital infusion in banks falls short

Business Line

The Centre has stuck to its earlier commitment of infusing Rs 25,000 crore into public sector banks in 2016-17, under its Indradhanush plan. But this is insufficient given the recent sharp rise in ba...

PSU Banks

SECTOR | 29 Feb 2016

Budget 2016 | Funds for recapitalization of PSU banks remain unchanged

livemint

While acknowledging that higher bad loans will lead to the need for more capital, finance minister says the govt will provide Rs25,000 crore in the budget for fiscal year 2017

PSU banks gain ahead of Union Budget; SBI up 3%

Business Standard | 29 Feb 2016

PSU Banks

SECTOR | 29 Feb 2016

What can budget do for PSU banks?

livemint

The easiest but not the only solution to the problem is the infusion of fresh capital