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BS Banking Annual 2017: Need to empower PSBs, says Arundhati Bhattacharya

Former State Bank of India Chairman Arundhati Bhattacharya says the only way out for public-sector banks is to have a strong board

BS Banking Annual 2017: Arundhati Bhattacharya, leading from the front

Arundhati Bhattacharya has shown what public sector banks are capable of when they get their act together

BSD Banking Annual 2017: A new lease of life for public-sector banks

While recapitalisation will put public sector banks back on the growth path, governance reforms will be critical for a genuine turnaround

IDBI Bank sells 30% NEGIL stake to IIFL Wealth for Rs 11 billion

The bank had raised about Rs 21 billion through auction of non-core assets between April and December 2017

PNB scam: Fitch places bank's rating under watch with negative implications

The move could lead to a possible downgrade for Punjab National Bank, India's second-largest public-sector bank

SBI posts Rs 24.16 billion quarterly loss for first time in nearly 19 years

Loss mainly due to RBI-mandated reclassification of corporate loans

Aditya Birla Capital Q3 net up at Rs 2 bn; revenue rises to Rs 33 bn

The company stock closed flat at Rs 167 per share on Bombay Stock Exchange

Moody's ups outlook on IOB and Central Bank to positive from stable

Expects moderate improvement in profitability and asset quality stabilisation

Budget 2018: Arun Jaitley's bold policy steps to expand insurance market

FM said the govt would launch a flagship called the National Health Protection Scheme to cover over 100 million poor and vulnerable families

HDFC Q3 net up three-fold to Rs 56.7 bn on part sale of life insurance arm

Loan book up 20% to Rs 3.42 trillion; steps up lending for affordable housing

Small public sector banks in drive to shed corporate and big biz loans

Bankers caution that this would be a lengthy affair and cutting of corporate exposure by at least 15 per cent by March 2019 was very tough

Bank recap: CRISIL upgrades outlook on 18 PSBs from negative to stable

CRISIL said ratings assigned to Basel III tier I bonds have been reaffirmed for nine PSBs and outlook has been retained as 'Negative'

RBI's Acharya moots US-style trading platform for distressed assets

The RBI deputy governor said stakeholders should at least discuss whether there was value to building something like this as the US had built the LSTA over a period of time

Reforms to slowdown in 2018 ahead of Lok Sabha polls: Moody's

A busy election schedule will slow reform momentum in some Asia Pacific economies, the report says

Bank of India to seek new bids for STCI Finance stake

STCI Finance is one of BoI's non-core investments which it has decided to monetise for raising resources

Bond-hungry FPIs continue to shun state loans

According to the medium-term framework of the government, the limit for both central and state bonds will go up from January.

Odisha to stay away from Bhushan Steel bid

Tata Steel and ArcelorMittal also are expected to make a bid for Bhushan Steel

PNB follows SBI in raising bulk deposit rates

SBI raised interest rate on the shortest tenor deposit to 4.75% from 3.75%

RCom lenders to oppose China Development Bank's insolvency petition

CDB had earlier filed a petition opposing RCom-Aircel merger in May this year. The Chinese lender withdrew its petition later

Only Resurgent Power, Brookfield bid for Jaiprakash Power

Jaiprakash Power had earlier converted Rs 3,058 crore of its debts into equity upon invocation of strategic debt restructuring