Sector PSU Banks - Latest news, views and updates

PSU banks queue up to sell bad loans to ARCs in Sept quarter

SECTOR | 25 Aug 2015

Business Standard

RBI has been encouraging banks to sell stressed assets and has allowed to amortise the losses arising out of stressed asset sale

Crisis Year Lending by PSU Banks Helped Private Lenders: SBI

SECTOR | 25 Aug 2015

NDTV Business

State Bank of India chairperson Arundhati Bhattacharya on Monday said risk-taking by state-run lenders during the crisis years is helping private sector lenders report healthy asset growth by "canniba...

All-out efforts on to bring down PSU banks NPA: Jaitley

SECTOR | 21 Aug 2015

livemint

Gross NPAs of PSU banks at the end of March quarter stood at 5.20% compared with 5.63% in December

FM likely to meet heads of PSU banks in first half of Sept

Business Standard | 20 Aug 2015

PSU banks extend fall; Vijaya Bank hits 52-week low

SECTOR | 21 Aug 2015

Business Standard

The CNX PSU bank index has slipped by 8% in the past three trading sessions as against a 2.4% decline in the CNX Nifty.

PSU bank union opposes grant of license to payments banks

Business Standard | 21 Aug 2015

Government Issues Norms for Selection of Chiefs of Smaller PSU Banks

SECTOR | 20 Aug 2015

NDTV Business

Chiefs of all public sector banks, other than five large ones, will come from within the talent pool of state-owned lenders, according to the new selection guidelines issued by the government on Thurs...

Recent rally in PSU bank stocks may be short-lived

SECTOR | 20 Aug 2015

Business Standard

Capitalisation need, pressure on assets, competition to limit gains

PSU Bank Fund Infusion Plan to Not Fully Finance Shortfall: S

SECTOR | 19 Aug 2015

NDTV Business

Standard & Poor's on Wednesday said the government's plan to infuse capital into public sector banks is a "breather", but is unlikely to "fully resolve" their looming credit shortfall.

Govt's capital infusion measures won't fully resolve PSU banks' looming shortfall: S&P report

Business Line | 19 Aug 2015 1 more

Capital infusion breather for PSU banks, but not enough: S

The Financial Express | 19 Aug 2015

Consolidation should not be forced by Bank Boards Bureau, govt: Nayak Panel member

SECTOR | 19 Aug 2015

Business Standard

The P J Nayak Committee report provided draft legislation for setting up holding company for all PSU banks - the Bank Investment Company - says panel member Krishnamurthy Subramanian. As such, he says any delay in setting it up should be avoided. He ...