Capital infusion breather for PSU banks, but not enough: S&P

Last Updated: Wednesday, August 19, 2015, 15:38

Standard & Poor's on Wednesday said the government's plan to infuse capital into public sector banks is a "breather", but is unlikely to "fully resolve" their looming credit shortfall.

No more hiring from private sector for PSB top jobs: FinMin

Last Updated: Sunday, August 16, 2015, 19:06

Having appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry Sunday said further such hiring of CEO and Managing directors in banks would be from existing public sector talent pool and not from outside.

PSB Q1 net more than doubles to Rs 43 cr

Last Updated: Saturday, August 8, 2015, 17:38

Higher earnings from corporate, wholesale and retail banking contributed to the profit rise.

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.

Finance Minister to meet heads of PSU banks tomorrow

Last Updated: Friday, June 12, 2015, 12:37

The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire NPAs of public sector banks. It amounts to 36.50 percent.

Private bankers to be interviewed for CEO/MD post at 5 large PSBs

Last Updated: Thursday, June 11, 2015, 18:06

While the age limit was increased to 57 years, from 55 years earlier, the mandatory board-level experience for the applicants were reduced to one year from three years previously to invite more experienced talent for heading large public sector banks.

Stake dilution in SBI Life to be finalised in 3-4 months

Last Updated: Sunday, May 17, 2015, 15:44

It is believed that the foreign partner is most likely to increase its stake in the leading life insurance firm promoted by the country's largest lender State Bank of India (SBI).

CBI registers 139 corruption cases against PSB staff: Sinha

Last Updated: Friday, March 13, 2015, 16:05

The Central Bureau of Investigation (CBI) has registered 139 corruption cases against PSU bank officials in over four years, Parliament was informed on Friday.

PSB employees in western region to go on strike on Friday

Last Updated: Thursday, December 4, 2014, 21:11

However, private sector banks continued to function normally in 12 states where PSBs' employees went on strike.

PSBs may net higher profit on softening G-Sec yield in Q1: Icra

Last Updated: Thursday, June 13, 2013, 15:11

Yields on the benchmark 10-year government securities (G-Secs) declined by around 60 basis points (0.6 percent) in the first two months of the fiscal.

PSBs expected to raise Rs 9.60 lakh cr in 10yrs: Report

Last Updated: Monday, May 20, 2013, 19:30

Public sector banks (PSB) are estimated to raise Rs 9.60 lakh crore in 10 years period ending March 2021 assuming loan growth of 20 percent, said a report by consultancy firm KPMG.