Search For "psb"
IDBI gains maximum capital infusion from Centre
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
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IOB joins hands with National Housing Board
Updated : 8 years, 1 month ago IST
Chennai (Tamil Nadu) [India], Jan 23 (ANI): Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) on Tuesday announced a Memorandum of Understanding (MoU) with National Housing Bank for implementation of the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Develo
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Resilience of banking system being tested: Jaitley
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): Union Finance Minister Arun Jaitley on Saturday stated that amid the rising challenges emerging before banks in the present day, the resilience of the banking system is undergoing a test.
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Banking sector posts 10.7 pct YoY growth in Dec'17
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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Govt tables demand for Rs 80K grant towards PSB recap
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): The Centre on Thursday presented a demand for additional expenditure towards a previously announced bank recapitalisation plan for public sector banks, to the tune of Rs 80,000 crore.
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Finance Ministry to issue recapitalisation bonds to PSBs in Jan
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 26 (ANI): The Ministry of Finance is likely to issue the first tranche of recapitalisation bonds to public sector banks (PSB) in early January, official sources from the ministry have confirmed.
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No question of closing down any bank, says DFS Secretary
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 22 (ANI): There is no question of closing down any bank, rather the government is looking to strengthen the Public Sector Banks (PSB), Rajeev Kumar, Secretary Department of Financial Services (DFS), Ministry of Finance said on Friday.
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Surge in credit provisions to adversely affect PSBs' profitability
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
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Encouraging to gain international recognition: Jaitley on Moody rating
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov 17 (ANI): In the wake of India's rating being upgraded by global credit rating agency Moody, Finance Minister Arun Jaitley said it is "encouraging to gain international recognition and not something that's happening in isolation."
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MSME, digitisation discussed at 'PSB Manthan': DFS Secretary
Updated : 8 years, 4 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Department of Financial Services (DFS) Secretary, Rajiv Kumar, on Sunday said that MSME and digitisation were important factors discussed at 'PSB Manthan'.
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Jaitley bats for 'responsive and responsible banking'
Updated : 8 years, 4 months ago IST
Gurugram (Haryana) [India], November 12 (ANI): Union Finance Minister Arun Jaitley, in the wake of the investments made towards strengthening the banking system, on Sunday said that responsive and responsible banking must be encouraged to rejuvenate the system.
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Market mop up may exceed Rs 58,000 cr: ASSOCHAM
Updated : 8 years, 4 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror
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