Sector PSU Banks - Latest news, views and updates

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SECTOR | 24 Feb 2016

PSU banks' credit profile will worsen if Govt does not raise capital infusion: Moody's

Business Line

The credit profiles of Indian public sector banks will worsen if the government does not revise upwards its capital infusion plan for the banks in the upcoming Budget to be presented on February 29, ...

PSU Banks

SECTOR | 23 Feb 2016

need2know: NTPC selloff, PSU bank mergers and more

Economic Times

With the Union budget around the corner, the debate continues over whether the government should stick to its fiscal consolidation goal or take it a little easy and go for a major growth push. On either side, there would be pitfalls

PSU Banks

SECTOR | 22 Feb 2016

Banks Start Rs 1 Lakh Crore Debt Restructuring: Jayant Sinha

NDTV Business

As of September, PSU banks' gross NPAs had risen to Rs 3 lakh crore.

PSU Banks

SECTOR | 22 Feb 2016

Top 20 PSU banks valued similar to five leading NBFCs

Business Line

Analysts believe worst is not over for PSU banks

At 2.5 lakh crore, market cap of 20 PSU banks equals that of top 6 NBFCs

Business Line | 22 Feb 2016

PSU Banks

SECTOR | 22 Feb 2016

PSU bank officer union threatens to go on strike on Feb 29

Business Line

A section of public sector banks' officers have given a call for strike on February 29 to protest termination of P V Mohanan, General Secretary of Dhanlaxmi Bank Officers' Organisation.Strike, if hap...

PSU Banks

SECTOR | 21 Feb 2016

Stay put where you are: Market likely to languish till Budget day

Economic Times

The market seems to have thoroughly discounted the non-performing asset (NPA) issues, leading to stabilisation of the PSU bank stocks.

PSU Banks

SECTOR | 18 Feb 2016

Fall in PSU banks leaves Rs 10,000 crore dent in LIC's coffers

Business Standard

Based on shareholding pattern as of December 31, 2015, LIC's total investments in PSBs declined by Rs 10,459 crore to Rs 27,756 crore till Wednesday

PSU Banks

SECTOR | 18 Feb 2016

Bank stks slip 50% in 1 year; top 5 expectations from Budget

Economic Times

BSE Bankex has plunged by 30% in 1 year, while select PSU bank stocks were down 50% in the same period.

PSU Banks

SECTOR | 17 Feb 2016

Government Plans To Infuse More Funds into PSU Banks: Report

NDTV Business

A surge in provisions for bad loans has sent several lenders into losses, limiting their ability to secure external funding.

PSU Banks

SECTOR | 16 Feb 2016

Recapitalising PSU banks without restructuring will serve no purpose

Business Standard

The finance minister has talked of bringing in banking sector reforms. One hopes that accountability is at the top of the list

PSU banks gain ground; shares surge up to 9%

Business Line | 15 Feb 2016