India’s PSBs may see moderate bad loan formations: Morgan Stanley
The brokerage firm preferred SBI and other large private banks to play a major role in corporate recovery cycle.
The brokerage firm preferred SBI and other large private banks to play a major role in corporate recovery cycle.
The principal factor for accumulating bad loans in the Indian banking system is exaggerated economic growth expectations and over-ambitious projections erroneously or otherwise accepted by lending institutions
Opposing the merger of 10 public sector banks into four, C. H. Venkatachalam, General Secretary of AIBEA, in a statement issued here said in the name of banking reforms the government is enabling banks to help corporates.
The state-owned bank had a net profit of Rs 561 crore in the July-September quarter of last fiscal 2016-17.
The rift between the government and the RBI surfaced after Deputy Governor Viral Acharya in a hard-hitting speech on Friday pitched for “effective independence” of the central bank.
Shares of Central Bank of India fell by 4 per cent on Thursday as the company has been placed under…
Union Finance Minister Arun Jaitley will hold a one-day review meeting of the public sector banks here on 12 June…
The International Monetary Fund on 8 June praised Cyprus for making progress since it exited a bailout regime but called…
Outlining its plan to deal with the mounting problem of banks' bad loans, the Reserve Bank of India (RBI) on…
In wake of the ordinance promulgated on Friday empowering the Reserve Bank of India (RBI) to tackle bad loans, the…