Page 3 - Public Sector Banks Psbs

Banks brace for fresh round of war against NPAs

As it prepares to bring to a close the most difficult year in history, the banking industry is gearing up to tackle a fresh bout of bad loans

Bad loan recognition likely to weigh on stocks of public sector banks

Earnings improvement over two quarters was without proportionate lending growth

More banks likely to join RBI's list of 'systemically important banks'

Move result of change in pecking order post-mergers

How Indian Bank-Allahabad Bank amalgamation proved an unlikely success

The merger was complicated by the fact that the government had not allowed post-merger lay-offs for any of the banks under this process

Indian-Allahabad Bank amalgamation: Changes & all the post-merger details

Despite the pandemic, the Allahabad Bank merger with Indian Bank concluded the final technical amalgamation (software integration) last month

Bank privatisation as an experiment

The government must test the efficacy of privatising two banks first before going the whole hog

PM Narendra Modi urges banks to lend to start-ups and MSMEs amid Covid-19

Calls for effective participation of public sector in banking and insurance

Centre lifts embargo on grant of govt businesses to private banks

Move will spur competition, promote efficiency in customer service standards

Start with smaller banks

Govt must have a clear road map for PSB privatisation

Economic recovery reduces slippage risk for Indian PSBs: Moody's

"While the government's capital infusion into public sector banks will help them meet Basel capital requirements, it will not boost credit growth," the agency said

Bank of India Q3 net profit jumps over five-fold to Rs 540.72 cr

The firm reported a more than five-fold jump in standalone net profit for the quarter ended in December

Indian Overseas Bank posts net profit of Rs 213 crore in December quarter

The firm posted a net profit of Rs 212.87 crore for the quarter ending December 2020 as provisions for bad loans declined

State Bank of India shares jump 11% as Street lauds Q3 performance

The stock ended at a new lifetime high of Rs 393 after soaring to Rs 408 in intra-day trade.

3 PSU banks likely to be out of PCA framework by March: DFS Secretary

The finance ministry expects the remaining three public sector banks (PSBs) to be out of the RBI's prompt corrective action (PCA) framework in two months

Budget: Govt proposes Rs 20,000-cr recapitalisation for PSBs in 2021-22

Finance Minister Nirmala Sitharaman on Monday said the government would infuse Rs 20,000 crore into public sector banks (PSBs) in 2021-22, to meet the regulatory norms

A poor idea

Bad bank will only kick the can down the road

Statsguru: Bank lending in the slow lane amid Covid-19 pandemic

In a period of slowing credit growth, only PSUs have sequentially borrowed more, and that too, only from private banks

Old problem, older solution

State-controlled DFIs will have the same problems as PSBs

Best of BS Opinion: Two steps to boost broadband usage, Budget 2021 & more

Here's a selection of Business Standard opinion pieces for the day

RBI's red flag

Recognition of NPAs in PSBs must be swift