The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a spike in bad loans by that time, sources said. ...

Public sector banks have sanctioned Rs 20,000 crore loans to MSMEs under the emergency credit line guarantee scheme (ECLGS) against a target of Rs 3 lakh crore as part of the Centre’s Rs 20 lakh cro...

State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors, including MSMEs, agriculture and retail between March 1 and May 15 when businesses were reeling under the imp...

As part of a stimulus package for the coronavirus-hit economy, the government is working on a credit guarantee scheme to enable banks to provide additional 10-15 per cent working capital to MSMEs for ...

Moody’s Investors Service on Thursday changed the outlook for the Indian banking system to negative from stable as it expects a deterioration in the asset quality of banks because of the disruption ...

Moody's Investors Service on Thursday changed the outlook for Indian banking system to negative from stable, as it expects deterioration in banks' asset quality due to disruption in economic activity ...

India's economic growth is expected to 'strongly rebound' to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government w...

The finance ministry on Tuesday announced a number of measures to instill confidence among bankers in sanctioning loans for projects, which have come to a grinding halt because of fear of harassment b...

Finance minister Nirmala Sitharaman on Saturday instructed public sector banks to clear pending vigilance cases against their officials for alleged malpractices. The minister also said no Merchant ...

Finance Minister Nirmala Sitharaman on Saturday will hold a meeting with the heads of public sector banks to discuss various issues, including the recently announced government measures to prop up the...