Page 2 - Psu Bank
PSU banks to follow template with three loan buckets for recast 2.0
Lenders come out with standardised products to help mitigate Covid crisis
 "PSU banks to follow template with three loan buckets for recast 2.0")
Key factors that led to a market crash on Monday
The selling in the market was mostly broad-based, with only stocks from the information technology (IT) sector managing to hold their head above water
 "Key factors that led to a market crash on Monday")
Govt unlikely to continue with zero-coupon bond route to recap PSU banks
To save interest burden and ease the fiscal pressure, the government last year decided to issue zero-coupon bonds for meeting the capital needs of the banks
 "Govt unlikely to continue with zero-coupon bond route to recap PSU banks")
Privatisation of PSU banks will compromise financial security: Cong MP
Congress MP Ravneet Singh on Tuesday said privatisation of public sector banks will compromise financial security
 "Privatisation of PSU banks will compromise financial security: Cong MP")
Amalgamation has led to all-round gains for merged entity: Indian Bank MD
In a Q&A, Padmaja Chundru says issues like equal stature of Allahabad Bank and Indian Bank and retirement of 10 GMs were addressed fairly with continuous communication with staff and customers
 "Amalgamation has led to all-round gains for merged entity: Indian Bank MD")
Public sector banks extend gain; PNB, Canara Bank up over 5%
PNB gained 15 per cent in the last week after the bank said ICRA Ratings has upgraded the ratings of Bonds issued by the Bank and reaffirmed the rating of Certificate of Deposits
 "Public sector banks extend gain; PNB, Canara Bank up over 5%")
To privatise or not? Key questions answered on shedding govt stake in PSB
There is a growing consensus in favour of the move, but strengthening governance and widening the ambit of acceptable investor groups are critical to its success
 "To privatise or not? Key questions answered on shedding govt stake in PSB")
Budget 2020: Govt unlikely to announce capital infusion for PSU banks
Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-21
 "Budget 2020: Govt unlikely to announce capital infusion for PSU banks")
Trading strategies for volatile banking space
The Nifty PSU Bank Index is much less tracked because it doesn't offer liquid F&O contracts
Small PSU banks rally; Dena Bank, UCO Bank up over 9%
Vijaya Bank, Allahabad Bank, IDBI Bank, IOB, United Bank and Syndicate Bank were up 5% and 7%.
 "Small PSU banks rally; Dena Bank, UCO Bank up over 9%")
Arun Jaitley to review performance of PSU banks
He will also review the performance of the lenders
 "Arun Jaitley to review performance of PSU banks")
Govt may approve one more PSU bank consolidation by March 2018
Enthused by success of SBI merger, finance ministry is considering clearing another such proposal
 "Govt may approve one more PSU bank consolidation by March 2018")
