Search For "public sector bank"
Indian NBFCs' asset quality remains vulnerable: Moody's
Updated : 5 years, 6 months ago IST
New Delhi [India], November 23 (ANI): Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated Indian non-bank finance companies (NBFCs) like Indiabulls Housing Finance Limited and IIFL Finance Limited, the loan delinquencies will inevitab
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PSBs not going to raise bank charges in near future, says Finance Ministry
Updated : 5 years, 7 months ago IST
New Delhi [India], November 3 (ANI): The Ministry of Finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic.
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Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman
Updated : 5 years, 8 months ago IST
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
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SC dismisses plea seeking to direct PSBs to invoke personal guarantees of
Updated : 5 years, 8 months ago IST
New Delhi [India], September 22 (ANI): The Supreme Court on Tuesday dismissed a petition seeking directions for the public sector banks to invoke personal guarantees of the defaulters by attaching their private properties.
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Ind-Ra downgrades Indian banking outlook to negative for H2
Updated : 5 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sep 18 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook on the banking sector to negative for the second half of current financial year from stable.
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FM Nirmala Sitharaman unveils Doorstep Banking Services
Updated : 5 years, 8 months ago IST
New Delhi [India], September 10 (ANI): Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) on Wednesday, which will provide the convenience of banking services to the customers at their doorsteps.
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Moody's cracks down on five Indian public sector banks
Updated : 5 years, 9 months ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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Large, mid-sized Indian private banks to gain more market share: Fitch
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): Indian private banks which have stronger loss-absorption buffers than the public sector banks are likely to gain market share from their state-owned peers in the medium term, Fitch Ratings said on Thursday.
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Equity indices gain after choppy session, auto and metal stocks rally
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Equity benchmark indices closed half a per cent higher on Wednesday after a volatile session with auto and metal stocks gaining ground but public sector banks slipped.
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Equity indices in the green, PSU banks on low swing
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Equity benchmark indices traded marginally higher during early hours on Wednesday with IT stocks gaining ground but public sector bank slipping due to profit booking.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 9 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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Loans worth Rs 1 lakh crore disbursed under ECLGS to offset COVID-19 distr
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 20 (ANI): Banks from public and private sectors have sanctioned loans worth over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) of which more than Rs 1 lakh crore has already been disbursed, the government said on Thursday.
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