No cause of panic or alarm on banking sector situation: FM Jaitley

Last Updated: Friday, August 14, 2015, 16:25

Jaitley further said that the recent initiatives taken by the government has helped fix some issues in PSU Banks.

Govt to infuse Rs 70,000 cr in PSU banks in 4 years: Arun Jaitley

Last Updated: Tuesday, August 11, 2015, 16:57

Government proposes to infuse Rs 70,000 crore in public sector banks in four years from budgetary allocations, Finance Minister Arun Jaitley said Tuesday.

Govt capital infusion in PSBs credit positive: Moody's

Last Updated: Thursday, August 6, 2015, 17:09

The government is aiming to improve the Tier 1 capital ratios for all PSU banks.

Increase strength of women in PSBs: Parl panel

Last Updated: Wednesday, August 5, 2015, 21:46

A parliamentary panel Wednesday recommended evolving a strategy for women reservation in public sector banks (PSBs) to increase their strength and representation in the banking sector, which it said was "not promising".

ICICI hits overseas debt market with $500 mn issue

Last Updated: Wednesday, August 5, 2015, 19:43

India's largest private sector lender ICICI Bank Wednesday hit the US dollar debt market with a benchmark issue, under which it plans to raise up to USD 500 million, market sources said.

Infusion of Rs 70,000 cr in PSBs will fuel economic gowth: FICCI

Last Updated: Monday, August 3, 2015, 23:05

Welcoming government's plan to recapitalise public sector banks with infusion of Rs 70,000 crore over the next four years, FICCI Monday said it augurs well for the banking sector and will help fuel economic growth.

Check misuse of user-id, password: CVC to banks, insurance firms

Last Updated: Monday, August 3, 2015, 15:24

It was also noticed that the officers were not frequently changing their password. "

Bankers see higher PPF rate limiting more deposit rate cuts

Last Updated: Sunday, August 2, 2015, 14:55

Bankers have said there is more room to cut deposit rates which can help bring down lending rates, but fear that competing savings instruments like PPF and tax-free bonds will limit their ability.

Capital infusion of Rs 20,000 crore in public sector banks likely by September

Last Updated: Friday, July 31, 2015, 20:15

Finance Ministry is expected to disburse about Rs 20,000 crore to various public sector banks in the next two months to shore up their capital base.

Bank stocks in limelight; surge up to 8%

Last Updated: Friday, July 31, 2015, 19:05

Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.

India seeks $4 bn spending boost, almost half for state banks

Last Updated: Friday, July 31, 2015, 16:25

State lenders account for more than 70 percent of all outstanding bank loans, and they are in need of support to meet Basel III regulatory requirements.

PNB Q1 net dips 49% to Rs 721 crore on higher provisioning

Last Updated: Tuesday, July 28, 2015, 12:52

Punjab National Bank (PNB)'s first quarter net profit of current fiscal Tuesday showed a 48.68 percent decline from Rs 1,405 crore reported the same quarter of 2014-15 fiscal.