Page 7 - Public Sector Banks Psbs

Shaktikanta Das to meet heads of public sector banks on Tuesday

Bankers' parleys with top policymakers come at a time when growth has slowed to a six-year low due to consumption slowdown and lack of private sector investments

Half a dozen public sector banks cut lending rates by 25 basis points

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper

Letter to BS: PSBs should lend only to borrowers who can repay loans

Pushing up and encouraging lending to small businesses and retail borrowers by holding loan melas is not a wise move

Phone banking, again

Bad ideas from India's socialist past should be avoided

Bank stake sales in insurance, mutual fund subsidiaries hit a wall

Lenders await RBI norms on holdco structure; guidelines are likely to be finalised by year end

Letter to BS: Stakeholders must work to bring banks under RBI's regulation

Time has come for putting PSBs under absolute and unequivocal regulation of the RBI without the government having a say in the matter

Mega merger of PSBs: What happens to their names, logo and identity?

Among other committees formed by banks to implement the merger is a committee on branding, which will look into the issue of logo and name of the bank, said the head of a PSB

Technical trends: Is it a good time to buy public sector banks?

Since the announcement on August 30 made post market hours, stocks of Punjab National Bank, Union Bank of India, Oriental Bank of Commerce, and others have seen a sharp slide at the bourses.

Latest bank mergers unlikely to revive growth, profitability: Credit Suisse

Last Friday, the government had unveiled a mega plan to merge as many as 10 public sector banks into four to help create stronger global-sized banks

Market tanks despite policy measures; brokerages stay cautious on earnings

Since the presentation of the Budget in July, markets have mostly been a one-way street with the Nifty50 slipping over 8%

Bank merger will slow down loan growth, rivals likely to benefit: Analysts

Futures contracts on India's Nifty 50 Index dropped 1% in Singapore on Monday

Branch rationalisation to HR challenge: Brokerage view on PSB consolidation

Unlike private banks, most PSBs, analysts say, do not have clear specialisations and end up competing against each other

Merger will force branch closures, hit customer service: staff association

Branch closure would mean more customers going to fewer branches. Banking services would be impacted, as the customer population per branch will increase

PNB to hold meeting on Sept 5 to consider merger with OBC, United Bank

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders

Banks may restart lending after Rs 70,000 cr boost but with caution

A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore, she said at a press conference

PSBs on a massive review campaign of branches to improve performance

The review will be based on 16 parameters, including loans to infrastructure/industry, farm and blue economy, housing, MSMEs/Mudra, education, export and green economy among others

50 years of nationalisation

Status quo on banks will increase the burden on the exchequer

Celebrating 50 yrs of bank nationalisation

The nationalised banks do a good job of what their majority owner mandates them to, but most are failed business enterprises

PSU banks gain on government Rs 70,000 crore capital infusion plans

Shares of State Bank of India (SBI) hit a new high of Rs 373, up 2 per cent on the NSE in the intra-day trade.