Bank employees association seeks clarity from managements on turnaround strategy for 10 weak public sector banks identified by govt for further capitalization
2 min read28 Jun 2017Public sector bank employees' unions have decided to wait before signing a memorandum of understanding with govt and bank managements on recapitalization
1 min read25 Mar 2017The plan, first floated by Arvind Subramanian, involves shrinking the RBI's balance sheet by as much as 4 trillion rupees, then injecting the cash into state-run banks
5 min read29 Jun 2016Move is credit positive for banks but they will still need to raise additional capital from equity markets, said Moody's
1 min read7 Aug 2015Banks that do not meet efficiency criteria set by Centre may have to look at shrinking balance sheets, says secretary, department of financial services
5 min read3 Mar 2015The report is part of the government's efforts to find a long-term solution for capital requirements of state-run banks
1 min read31 Jul 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared