TOPIC
public sector banks
State-run banks recover Rs 6.4 lakh crore bad loans, and written-off loans since FY15 even as opposition creates confusion between ‘loan waiver’ and ‘loan...
Provision coverage ratio of the state-run banks has improved to 86. 9% at the end of March 2022 from 46% at the end of March 2015.
Disbursement of cash under Coronavirus relief package to those who hold Jan Dhan account to take place between 3rd and 9th April: Details
The Department of Financial Services appealed to PMJDY women account holders to check the last digit of their account number and follow schedule shared below to visit banks or Bank Mitras to maintain social distancing during the nation-wide lockdown.
Gross NPA declines for the first time in seven years, thanks to Insolvency and Bankruptcy Code, says RBI report
The RBI report stated that there was a decline in both gross NPA and in the net NPA ratios.
Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore
Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
Insolvency and Bankruptcy Code has helped recover Rs 3 lakh crores so far for banks and creditors: Piyush Goyal
Piyush Goyal lauds the Modi government's efforts towards the banking sector.
59-minute loan approval scheme has approved loans of 1.12 lakh MSME applicants in less than 2 months
Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.
Economists give a thumbs down to ‘farm loan waivers’, call it a threat for bankers
'Farm loan waiver' strikes a dissent cord amongst bankers and economists
After Nirav Modi scam, Rotomac scandal also finds roots in the Congress government era
The loans are supposed to have been issued from 2009 to 2013
Modi govt expects recovery of bad loans worth more than Rs 1 lakh crore via its new bankruptcy code
TATA steel's takeover of Bhushan steel became the first case fully resolved by IBC
Has the time arrived for privatisation of public sector banks?
India needs to rethink public ownership of banks according to the chief economic advisor
