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Though there have been reports about possible privatization of banks in India, there have been no concrete announcements. Photo: AP

Don't let WhatsApp messages on privatization of PSU banks worry you

2 min read . 30 Jul 2020

Photo: Bloomberg

Indian banks need at least $15 billion fresh capital: Fitch

1 min read . 01 Jul 2020

The Centre hasn’t detailed any plans for recapitalisation this year. In the absence of infusion, public sector banks may have to access the market.

In need of covid-19 capital, PSU banks hit the hardest

2 min read . 27 May 2020

Piramal Group Chairman Ajay Piramal (Mint)

Piramal Group may partner with foreign, PSU banks for co-lending

1 min read . 05 Feb 2020

The benchmark Sensex was 0.12% lower at 41,525.56. (Photo: iStock)

PSU banks shares fall on asset quality concerns

1 min read . 30 Dec 2019

To improve business’ access to funds, finance minister Nirmala Sitharaman had in September asked banks to reach out to customers and signal their willingness to lend while following all prudential norms. (Photo: Pradeep Gaur/Mint)

State-run banks disburse over ₹2.5 tn in October: FinMin

2 min read . 22 Nov 2019

PSU banks extend support of ₹2.56 trillion to stressed NBFCs

2 min read . 31 Oct 2019

Reserve Bank of India Governor Shaktikanta Das. (Photo: PTI)

RBI governor to meet PSU banks' chiefs today, may discuss rate transmission

1 min read . 15 Oct 2019

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

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