PSBs
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October 18, 2020, Sunday
Lack of capital prevents banks from transferring rate cuts: RBI staff study
Markets do not view banks with low capital favourably and offer funds at a higher rate, says study done independently.
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October 14, 2020, Wednesday
Next set of asset quality woes for lenders to come from MSME segment
Gross NPAs at 12.8 per cent in June are up 140 bps year-on-year, marking the sharpest surge across asset pools
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October 09, 2020, Friday
PSBs on-board 15 mn account holders on digital payment modes in 45 days
The Finance Ministry on Friday said that public sector banks (PSBs) have on-boarded about 1.5 crore customers on digital payment ...
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September 28, 2020, Monday
SBI to waive processing fee on YONO loans, offers 10 bps off on home loans
The country's largest lender is offering the lowest interest rate starting from 7.5 per cent to customers opting for car loans
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September 18, 2020, Friday
Govt's stake divestment to be credit negative for public sector banks: Icra
The proposed divestment of the Centre's majority stake in certain PSBs will be credit negative for these lenders, ratings agency ...
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September 17, 2020, Thursday
Divesting majority stake in PSBs will be 'credit negative' for them: Icra
Divesting majority stake in state-run lenders by the government will be "credit negative" for such public sector banks (PSBs), a ...
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September 17, 2020, Thursday
Divesting majority stake credit negative for PSBs leaning on govt: Icra
Their credit ratings have been primarily supported by their sovereign ownership and their stable deposit base, which again is a ...
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September 14, 2020, Monday
No proposal for raising FII limit in public sector banks to 49%: Thakur
There is no proposal for raising FII ceiling in public sector banks to 49 per cent from 20 per cent for capital mobilisation, ...
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September 14, 2020, Monday
Spike in bank frauds: Lag in reporting or weak internal controls?
Bank fraud numbers may not be as bad as they are made out to be, but their detection and reporting need to improve, writes Raghu ...
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September 11, 2020, Friday
PSBs sanctioned over 90% loans under PM SVANidhi to street vendors: FinMIn
Under the scheme, street vendors of urban areas get collateral-free loan of up to Rs 10,000 for a period of one year
