The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and the finance ...
Public sector banks (PSBs) are planning to raise about Rs 25,000 crore through a mix of equity and debt in the next three months to support credit pick-up and meet regulatory requirement.
In th...
The finance ministry will take a call on the residual Rs 14,500-crore capital infusion in the public sector banks (PSBs) in the fourth quarter of this fiscal, sources said.
Following the financial pe...
The Finance Ministry on Tuesday said that there has been no increase in service charges by any public sector bank even as Bank of Baroda decided to withdraw changes made with regard to the number of f...
SBI managing director Arijit Basu warned that banks should not solely focus on the retail segment as sluggish growth can impact this category of loans. “A complete shift to retail may not be in ...
The country’s largest lender SBI on Friday said its board has approved a proposal to raise Rs 8,931 crore by issuing Basel III compliant bonds to investors.
The committee of directors for capit...
The government may not have to inject fresh capital into the public sector banks (PSBs) as the one-time loan restructuring permitted by the RBI has reduced additional fund requirement by them.
Also t...
HDFC Bank managing director Aditya Puri has sold a significant part of his stake in the private sector bank for almost Rs 843 crore at current market prices.
Puri, who was the highest paid banker in ...
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. ...