Page 20 - Public Sector Banks

UPA fell back on loosening govt's grip on PSBs: Montek Singh Ahluwalia

In a Q&A, the former deputy chairman of the Planning Commission, dwells on the areas where he feels UPA did not meet up to the challenges and the progress made by the BJP on certain fronts

Best of BS Opinion: Pratip Chaudhuri's arrest, infinite learning, and more

Here are the best of BS Opinions of the day

Finance ministry floats four-tier plan for PSB staff accountability

Move comes at a time when banks are reluctant to lend fearing probe

New rules enough to protect genuine business decisions of bankers?

The govt has issued a uniform staff accountability framework for NPAs of up to Rs 50 cr to protect bankers taking bonafide decisions. But is that enough to assuage concerns?

TMS, Ep 33: NPA accountability framework, Kamal Bali Q&A, jewellery stocks

Will new NPA rules be enough to assuage PSBs' concerns? What is Volvo India MD Kamal Bali's glide path to 'net-zero' target? Can jewellery stocks give 100% returns by next Dhanteras? All answers here

BS BFSI INSIGHT SUMMIT | We need banks. Do we need bankers?

Watch Business Standard's BFSI Insight Summit as the best minds of the industry engage in a stimulating conversation on the state of Indian banking sector.

Banks extend Rs 11,168 cr loans in outreach programme during festive season

Public sector and private banks have sanctioned over 193,000 loans via 924 camps in 405 districts from October 16-20, FM Nirmala Sitharaman says in Tweet

PSBs in focus; SBI hits new high, Canara, Indian Bank hit 52-week highs

Indian Bank, Union Bank of India, Canara Bank and Bank of Baroda soared between 25 per cent and 49 per cent in the past one month

Bad bank, good intentions and bad lending

If PSBs cannot lend as indiscriminately as they did last time in the name of "credit expansion", how well will these banks do?

PSBs may get capital support in Q4 to meet regulatory requirements

The capital position of banks will be reviewed in the next quarter for infusion requirement

Govt appoints seven executive directors for public sector banks

Many of these executives, in their early 50s, who stand to serve a full five-year term, will be eligible for extension

PSBs told to push for financial inclusion, expand insurance coverage

The Centre has also asked state-owned banks to enter into co-lending arrangements with NBFCs and MFIs

Govt to soon reach out to potential buyers of debt-laden IDBI Bank

The Centre, through its advisors, will share the strategic sale plan with investors, and how the deal is expected to be structured, an official said

Earnings preview: Bank profits to show steady rise despite provisions

Rise in stressed assets may not push bills for provisions as lenders maintain higher provision coverage ratio for few quarters

The big bank idea

India needs more efficient financial entities

How good is the bad bank

The key to the success of the bad loan experiment will be IDRCL's management team and the incentive structure. It could recover more than what the industry is estimating now

NARCL: Another brick in the wall; not too different from other ARCs

Having several routes for NPA resolution has both advantages and disadvantages as the decision will finally be taken by the banks

Indian Banks' Association to steer 'EASE reforms' in public sector banks

EASE agenda is aimed at institutionalising clean and smart banking

Public sector banks and corporate governance

Ten out of 11 nationalised banks don't have a chairman. Most bank boards don't have adequate number of non-official directors

Govt approves extension of terms of three MD-CEOs, 10 EDs of PSU banks

Mallikarjuna Rao of PNB, Atul Kumar Goel of UCO Bank and A S Rajeev of Bank of Maharashtra are the three MD-CEOs to have got extensions