Psu banks

The mindless consolidation of public sector banks is also not reform. (Reuters)

The roadmap for real banking reforms

9 min read . 22 Sep 2019

Union Finance Minister Nirmala Sitharaman with MoS for Finance Anurag Thakur chairs a review meeting with the public sector banks, at Vigyan Bhawan in New Delhi (Photo: PTI)

Don't want banks to only recycle loans with existing customers: Sitharaman

1 min read . 19 Sep 2019

A prolonged shadow-banking crisis and hurdles in bankruptcy rules have left India holding the world’s worst bad-debt pile.

Mega mergers fail to lure funds to state-run bank stocks

2 min read . 16 Sep 2019

Finance Secretary Rajiv Kumar. (Photo: HT)

12 PSU banks almost right for India, says Finance Secretary

1 min read . 08 Sep 2019

Citing more broad-based slump, Crisil cuts FY20 GDP forecast to 6.3%

Citing more broad-based slump, Crisil cuts FY20 GDP forecast to 6.3%

1 min read . 04 Sep 2019

Credit Suisse says the merger of the PSU Banks unlikely to revive credit flow (Photo: Reuters)

Merger of 10 PSU banks unlikely to revive credit flow

1 min read . 03 Sep 2019

Members of United Forum of Bank Unions (Delhi State) stage protest against the PSU bank merger. Photo: ANI/Twitter

Bank employees stage protest against Centre's decision to merge PSU banks

1 min read . 31 Aug 2019

Finance minister Nirmala Sitharaman at the unveiling of PSB reforms at a press conference in New Delhi on Friday (Photo: Pradeep Gaur/Mint)

After merger, there will be 12 PSU banks: Here is the full list

1 min read . 30 Aug 2019

Finance minister Nirmala Sitharaman unveiling PSB reforms at a press conference in New Delhi on Friday (Photo: Pradeep Gaur/Mint)

Govt announces sweeping governance reforms for PSU bank boards

2 min read . 30 Aug 2019

Nifty PSU Bank soars high on government's recapitalisation plan. (Photo: iStock)

PSU Bank stocks cheer government's move, sector ends with 3.6% gain

1 min read . 26 Aug 2019

PSU banks to offer home, auto loans on ‘59minutes’ portal

PSU banks to offer home, auto loans on ‘59minutes’ portal

2 min read . 20 Aug 2019

Guidelines for PSU banks to pick pooled assets of NBFCs likely this week

Guidelines for PSU banks to pick pooled assets of NBFCs likely this week

1 min read . 14 Jul 2019

Finance Ministry to launch ETF with bank stocks, fin institutions this fiscal

Finance Ministry to launch ETF with bank stocks, fin institutions this fiscal

2 min read . 26 May 2019

FinMin to take call on PSU banks' capital infusion requirements after September

FinMin to take call on PSU banks' capital infusion requirements after September

1 min read . 03 May 2019

'Double standards': Vijay Mallya attacks banks over Jet Airways bailout

1 min read . 26 Mar 2019

The recapitalisation would enhance the lending capacity of PSBs (Bloomberg)

PSBs surge on govt’s capital infusion announcement

2 min read . 21 Feb 2019

An LOC is valid for a year unless its duration is specified

Govt empowers PSU banks to seek lookout circulars against wilful defaulters

1 min read . 27 Jan 2019

The government in its rescue mission has increased its hold on banks in direct contrast to what it had promised in 2014. Photo: Bloomberg

Forget privatisation, govt has hugged its banks tighter

2 min read . 19 Jan 2019

‘As of today, we have around 13 zonal offices and we will be consolidating them, although we have not yet decided into how many,’ says Central Bank of India CEO Pallav Mohapatra. Photo: Pradeep Gaur/Mint

Central Bank of India CEO moves to turn around lender

2 min read . 15 Jan 2019

Some of the public sector banks have government’s holding beyond 75 %. Photo:HT

FinMin wants PSU banks to bring down govt equity to 52%

2 min read . 14 Jan 2019