According to the study, private sector lender HDFC Bank and PSU lender State Bank of India top the list of local banks which are used by three-quarter of large Indian companies
The appraisal system in public sector banks needs to improve
These are recovery, risk management & retail loans
In August last year, the government had approved a framework for the merger of PSBs
Will shrinking PSBs, with restive employees, present a bigger challenge for the government?
Post the second round of capital infusion in March, the govt stake in some PSBs could go beyond 75%
Union Bank, PNB and SBI witnessed improvement in recoveries and upgrades; however fresh addition to non-performing assets remains high