Page 12 - Public Sector Banks

Budget 2021: We have spent, we have spent and we have spent, says FM

She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit

Two, not three, cheers are enough for FM Sitharaman's Budget 2021

After 51 years of bank nationalisation, the government has finally admitted that it should not be in the business of running all public sector banks

Budget 2021: All eyes will be on the package FM unveils for state-run banks

A status check on the consolidation of four sets of state-run banks offers clues to the hard decisions that are needed, write Abhijit Lele and Raghu Mohan

State Bank of India asset quality remains healthy: Chairman Khara

The faster-than-expected economic recovery may limit the impact to lenders' balance sheets, Khara said

A bank REIT will unlock value, generate liquidity and help society

5 nationalized banks' balance sheets reflects that immovable property constitutes around 0.70 per cent of their total assets

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

PSBs' Q3 nos to be a mixed bag; loan growth, NPAs to be tracked: Analysts

Analysts expect Public Sector Banks' net profit to plunge a massive 43 percent on year, and 71 per cent sequentially

FinMin looks at BIC model after concerns on zero coupon bonds for PSB recap

FinMin is looking at avenues for affordable capital infusion, including setting up of a Bank Investment Company, as the RBI raised concern over issuance of zero-coupon bonds for PSB recapitalisation

Bad Bank: Good idea, but timing and execution being questioned

Without beefing up the regulatory framework, moral hazard may outweigh advantages, say experts

Not recap alone

Budget could be a good starting point for deeper banking reforms

Banking's game of pretend: It's time we recognised the fate of govt banks

The only feasible way to have a healthy banking sector could be making it mostly private, along with two or three large, better-run government banks, writes T N Ninan

PSBs need to raise additional Rs 43,000 crore in FY22, says Icra

Growth in bank credit is likely to pick up to 6-7 per cent in FY22 against an estimated 3.9-5.2 per cent in FY21 and 6.1 per cent in FY20.

Bank asset quality may see sharp deterioration post-moratorium: RBI

Says banks will have to adapt and adjust to the rapidly evolving economic landscape and entry of niche players and emerging financial technologies

PSBs are offering personal loans at attractive rates, shows CIBIL data

The interest rate offered by PSBs like State Bank of India (SBI), Bank of Baroda and Bank of India hover around 8.9 per cent-10.50 per cent.

Public sector banks to raise Rs 25,000 crore in three months: DFS Secretary

Earlier this month, Canara Bank raised Rs 2,000 crore while Punjab National Bank (PNB) raised Rs 3,788.04 crore through qualified institutional placement (QIP)

PSBs may find it hard to raise money on asset quality, governance concerns

While the banks have cleaned up books and the space has seen consolidation after the merger exercise, the impact of big-ticket frauds of the past and the bad-loan burden remain an issue

Govt exploring setting up bad bank, all other options: DEA Secretary

Economic Affairs Secretary Tarun Bajaj also said the government has recapitalised public sector banks and continue to pump in capital as per requirements

Time will tell if PSBs are mispriced stocks or a value trap: Analysts

It's also a good sign as Punjab National Bank (PNB) is preparing to raise Rs 7,000 crore this week

The holding company model for PSBs is an idea whose time has come

The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee

Shopping for money: Private banks had highest WALR in Jan-Sep 2020

Private banks have possibly been lending mainly to lower-rated companies