Page 24 - Public Sector Banks

Bad Bank: Good idea, but timing and execution being questioned

Without beefing up the regulatory framework, moral hazard may outweigh advantages, say experts

Not recap alone

Budget could be a good starting point for deeper banking reforms

Banking's game of pretend: It's time we recognised the fate of govt banks

The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, writes T N Ninan

PSBs need to raise additional Rs 43,000 crore in FY22, says Icra

Growth in bank credit is likely to pick up to 6-7 per cent in FY22 against an estimated 3.9-5.2 per cent in FY21 and 6.1 per cent in FY20.

Bank asset quality may see sharp deterioration post-moratorium: RBI

Says banks will have to adapt and adjust to the rapidly evolving economic landscape and entry of niche players and emerging financial technologies

PSBs are offering personal loans at attractive rates, shows CIBIL data

The interest rate offered by PSBs like State Bank of India (SBI), Bank of Baroda and Bank of India hover around 8.9 per cent-10.50 per cent.

Public sector banks to raise Rs 25,000 crore in three months: DFS Secretary

Earlier this month, Canara Bank raised Rs 2,000 crore while Punjab National Bank (PNB) raised Rs 3,788.04 crore through qualified institutional placement (QIP)

PSBs may find it hard to raise money on asset quality, governance concerns

While the banks have cleaned up books and the space has seen consolidation after the merger exercise, the impact of big-ticket frauds of the past and the bad-loan burden remain an issue

Govt exploring setting up bad bank, all other options: DEA Secretary

Economic Affairs Secretary Tarun Bajaj also said the government has recapitalised public sector banks and continue to pump in capital as per requirements

Time will tell if PSBs are mispriced stocks or a value trap: Analysts

It's also a good sign as Punjab National Bank (PNB) is preparing to raise Rs 7,000 crore this week

The holding company model for PSBs is an idea whose time has come

The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee

Shopping for money: Private banks had highest WALR in Jan-Sep 2020

Private banks have possibly been lending mainly to lower-rated companies

Fitch affirms Issuer Default Rating on four PSBs including SBI

Upgrades viability rating for IDBI Bank by a notch due mainly to improved core capitalisation and the high loan-loss coverage

No increase in service charge by public sector banks: Finance Ministry

Bank of Baroda decided to withdraw changes made with regard to the number of free cash deposit transactions in a bank account per month

PSB Q2 preview: NPA recognition ruling to prevent higher slippages

Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB

Looking at the canary: Do SBI Cards' bad loans have a deeper meaning?

If Covid-19 causes a fresh havoc to government-bank finances, it could be back to the old story of large-scale losses prompting further capital infusion by the government, writes T N Ninan

Privatisation a difficult choice for govt: Exit from PSBs roadmap explained

In this podcast, Business Standard's Subhomoy Bhattacharjee explains why the Centre again discussing the topic of government owned bank privatisation and more

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.

Equity raise, qualitative growth, likely challenges for incumbent SBI chief

SBI's share of loans under moratorium was the lowest among PSBs at 10 per cent; clearer picture on asset quality likely by December

Managing people will be key to success for SBI's CFO Charanjit Singh Attra

How the 49-year-old chartered accountant handles people-related issues in the country's largest public sector bank would be keenly watched