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PSB credit continues to crowd in credit growth from private banks
Segment-wise, the jump in credit to MSMEs and infrastructure was strong at Rs 2.3 trillion while credit to housing and NBFC sector was close to Rs 2...
PSBs recoup Rs. 5.49 lakh cr in 7 fiscal years: Govt
Recovery of gross NPAs improved from 11.33% in 2017-18, to 13.52% in 2018-19 and to 14.69% in 2019-20
Govt to infuse more capital into PSBs
Centre allocates Rs20,000cr in Budget 2021-22 for regulatory requirements
PSBs outperform Bank Nifty
Frontline private banks including HDFC Bank, Axis, and NBFCs lag behind
Well done PSBs; Now, gear up to show your mettle in the thorny path...
PSBs have done a good job during the pandemic and the FM’s patting is a testimony, but now they have raised the bar for their performance which will...
RBI sticks to 10.5% growth forecast
Assures orderly yields curve to ease standoff between RBI and Bond mkt; voices concern over cryptocurrencies; rules out possible lockdowns
Privatisation of 2 PSBs will impact their rating: Ind-Ra
Privatisation of two public sector banks can impact their ratings as the government support to the two entities will disappear, India Ratings and...
PSU bank staff protest Strike impacts banking services
Banking services such as cash withdrawals, deposits, cheque clearing and business transactions were impacted