Search For "public sector banks"
Moody's cracks down on five Indian public sector banks
Updated : 5 years, 10 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, 10 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, 10 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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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 10 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, 10 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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Total amount sanctioned under National Credit Guarantee stands at Rs 1,43,
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 14 (ANI): Union Finance Minister Nirmala Sitharaman on Friday said that a total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by public sector banks and private banks stands at Rs 1,43,318.09 crore.
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Modi govt has destroyed financial institutes, public sector banks: Surjewa
Updated : 5 years, 11 months ago IST
New Delhi [India], July 29 (ANI): Congress leader Randeep Singh Surjewala on Wednesday accused the government of destroying the financial institutes as well as public sector banks. Issuing a press release, Surjewala touched upon a number of issues relating to the country's economy, accusing
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PSBs to purchase NBFC bonds/CPs worth Rs 14,667 cr under extended PCGS: FM
Updated : 5 years, 11 months ago IST
New Delhi [India], July 15 (ANI): Public sector banks have approved a plan for the purchase of bonds and commercial papers issued by 67 non-banking finance companies (NBFCs) amounting to Rs 14,667 crore under the extended Partial Credit Guarantee Scheme (PCGS), Union Finance Minister Nirmala
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Maharashtra requests Railways to allow travel via locals trains for bank,
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], June 30 (ANI): The Maharashtra government has requested the Railways to allow employees of various central government offices/establishments, high courts and public sector banks to travel by local trains.
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Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS
Updated : 6 years, 1 month ago IST
New Delhi [India], June 3 (ANI): Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, said Finance Minister Nirmala Sitharaman's office on Wednesday.
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Finance Ministry staff, allied institutions contribute Rs 430 crore to PM-
Updated : 6 years, 3 months ago IST
New Delhi [India], April 5 (ANI): The officers and staff of the Finance Ministry including the officials of Financial Institutions and Public Sector Banks/Enterprises (PSB) have contributed Rs 430 crore towards PM-CARES Fund to combat the coronavirus pandemic.
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Sitharaman asks public sector banks to maintain liquidity at all levels
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 28 (ANI): Finance Minister Nirmala Sitharaman on Saturday made a one-to-one call with the Chairman and Managing Directors (CMDs) of all public sector banks and asked them to maintain adequate liquidity in the branch, ATM and at banking correspondent level amid coron
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