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Page 23 - Public Sector Banks

SBI Payments to launch YONO Merchant app for low-cost payments

SBI Payments is a subsidiary of India's largest lender State Bank of India

SBI Payments to launch YONO Merchant app for low-cost payments
Updated On : 20 Feb 2021 | 5:11 PM IST

Bank unions plan march towards Parliament in Mar to protest privatisation

Bank unions on Friday staged protest in all the state capitals

Bank unions plan march towards Parliament in Mar to protest privatisation
Updated On : 19 Feb 2021 | 2:56 PM IST

Fin sector may see 'facelift' this year as term of many honchos set to end

BBB starts selection process as nearly half a dozen public sector bank CEOs' term comes to an end

Fin sector may see 'facelift' this year as term of many honchos set to end
Updated On : 18 Feb 2021 | 6:24 PM IST

Government to infuse Rs 1,500 crore into Exim Bank next fiscal

The Centre has decided to infuse Rs 1,500 crore capital into state-owned Export-Import Bank of India (Exim Bank)

Government to infuse Rs 1,500 crore into Exim Bank next fiscal
Updated On : 17 Feb 2021 | 4:03 PM IST

Best of BS Opinion: PSB privatisation, vaccinating India brilliantly & more

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: PSB privatisation, vaccinating India brilliantly & more
Updated On : 17 Feb 2021 | 5:45 AM IST

Govt to bring amendments to two Acts to enable privatisation of PSU banks

To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year

Govt to bring amendments to two Acts to enable privatisation of PSU banks
Updated On : 17 Feb 2021 | 12:33 AM IST

Public, private sector banks disburse loans worth Rs 1.42 trn under ECLGS

About Rs 1.98-trillion loans have been sanctioned by the banks to MSMEs, Parliament was informed

Public, private sector banks disburse loans worth Rs 1.42 trn under ECLGS
Updated On : 08 Feb 2021 | 11:49 PM IST

PNB receives loan rejig requests of only Rs 12,000 crore, says PNB MD

Restructuring sought for corporate loans has been worth Rs 9,000 crore

PNB receives loan rejig requests of only Rs 12,000 crore, says PNB MD
Updated On : 06 Feb 2021 | 3:03 PM IST

PNB Q3 results: Net profit at Rs 506 crore, NII at Rs 8,313 crore

The bank's gross non-performing assets (NPAs) reduced to 12.99 per cent for the quarter ended December 2020

PNB Q3 results: Net profit at Rs 506 crore, NII at Rs 8,313 crore
Updated On : 05 Feb 2021 | 9:06 PM IST

SBI: Turning over a new leaf, poised to benefit from credit growth

Stress on the asset quality front is at a multi-quarter low; bank ups PCR to 90 per cent

SBI: Turning over a new leaf, poised to benefit from credit growth
Updated On : 04 Feb 2021 | 11:21 PM IST

Public sector banks in turmoil after mega merger: Parliament panel

Flags their low market valuations, says it'll hinder plans to raise equity

Public sector banks in turmoil after mega merger: Parliament panel
Updated On : 03 Feb 2021 | 11:08 PM IST

A bold move

Policy on strategic disinvestment is a huge break from the past

A bold move
Updated On : 03 Feb 2021 | 12:34 AM IST

Budget 2021: We have spent, we have spent and we have spent, says FM

She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit

Budget 2021: We have spent, we have spent and we have spent, says FM
Updated On : 02 Feb 2021 | 2:27 AM IST

Two, not three, cheers are enough for FM Sitharaman's Budget 2021

After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public sector banks

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Updated On : 01 Feb 2021 | 11:14 PM IST

Budget 2021: All eyes will be on the package FM unveils for state-run banks

A status check on the consolidation of four sets of state-run banks offers clues to the hard decisions that are needed, write Abhijit Lele and Raghu Mohan

Budget 2021: All eyes will be on the package FM unveils for state-run banks
Updated On : 01 Feb 2021 | 6:10 AM IST

State Bank of India asset quality remains healthy: Chairman Khara

The faster-than-expected economic recovery may limit the impact to lenders' balance sheets, Khara said

State Bank of India asset quality remains healthy: Chairman Khara
Updated On : 29 Jan 2021 | 12:33 AM IST

A bank REIT will unlock value, generate liquidity and help society

5 nationalized banks' balance sheets reflects that immovable property constitutes around 0.70 per cent of their total assets

A bank REIT will unlock value, generate liquidity and help society
Updated On : 28 Jan 2021 | 2:37 PM IST

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow
Updated On : 27 Jan 2021 | 11:28 PM IST

PSBs' Q3 nos to be a mixed bag; loan growth, NPAs to be tracked: Analysts

Analysts expect Public Sector Banks' net profit to plunge a massive 43 percent on year, and 71 per cent sequentially

PSBs' Q3 nos to be a mixed bag; loan growth, NPAs to be tracked: Analysts
Updated On : 25 Jan 2021 | 1:40 PM IST

FinMin looks at BIC model after concerns on zero coupon bonds for PSB recap

FinMin is looking at avenues for affordable capital infusion, including setting up of a Bank Investment Company, as the RBI raised concern over issuance of zero-coupon bonds for PSB recapitalisation

FinMin looks at BIC model after concerns on zero coupon bonds for PSB recap
Updated On : 17 Jan 2021 | 2:00 PM IST