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Public Sector Banks Psbs
Business  /  Published 05.07.20

Bank recap on plate

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. ...
By PTI in New Delhi

Business  /  Published 09.06.20

Banks told to hasten MSME loan

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...
By Our Special Correspondent in New Delhi

Business  /  Published 19.05.20

Government claims surge in credit flow

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...
By PTI in New Delhi

Business  /  Published 10.05.20

Govt mulls credit guarantee scheme for loans to MSMEs

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 ...
By PTI in New Delhi

Business  /  Published 02.04.20

Moody’s warning on bad loans

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 ...
By Our Special Correspondent in New Delhi

Business  /  Published 02.04.20

Moody's changes outlook on Indian banks to negative

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 ...
By PTI in New Delhi

Business  /  Published 01.02.20

Growth has bottomed out, says survey

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...
By PTI in New Delhi

Business  /  Published 28.01.20

Bankers get cover for loan decisions

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...
By Our Special Correspondent in New Delhi

Business  /  Published 28.12.19

Banks instructed to clear pending vigilance cases against officials: Sitharaman

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 ...
By PTI in New Delhi

Business  /  Published 27.12.19

FM to meet heads of banks today

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...
By PTI in New Delhi


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