Saturday, February 4, 2023
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News Updates

Govt is unlikely to announce capital infusion for PSBs in budget: Report

PSU Watch Bureau -
Government is unlikely to announce capital infusion for PSBs in the upcoming budget because their financial health has improved significantly
News Updates

Banks raise Rs 91,500 cr in debt capital in FY23: ICRA

PSU Watch Bureau -
Banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far, this fiscal
News Updates

Banks, FIs need to design project-specific products for meeting NIP target: DFS Secretary

PSU Watch Bureau -
Banks and FIs need to design products in sync with requirements of infra projects for meeting Rs 111 lakh crore NIP target, said Vivek Joshi
News Updates

GNPA ratio falls to 5%: RBI

PSU Watch Bureau -
Banks' gross NPA ratio has fallen to a seven-year low and reached five percent and the banking system remains sound and well-capitalised, said RBI
News Updates

Banks likely to remain on profitable path with robust credit growth

PSU Watch Bureau -
Public sector banks appear to remain profitable as they managed to reduce their bad loans and post record profits this fiscal which is going to continue in 2023
News Updates

Banks write off NPAs over Rs 10 lakh cr in last five financial years: Sitharaman

PSU Watch Bureau -
Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, said Sitharaman while addressing the Parliament
News Updates

Equity benchmark indices trade higher in early trade

PSU Watch Bureau -
Equity benchmarks began the trade on a positive note on October 27 helped by buying in index majors like Reliance Industries and banking counters
News Updates

PSBs asked to expedite recruitment, fill vacancies in time-bound manner

PSU Watch Bureau -
The Finance Ministry has asked public sector banks (PSBs) to expedite the process of filling pending vacancies, sources said
News Updates

Finmin calls meeting of PSU banks chiefs on Sep 21

PTI -
The Finance Ministry would review vacant positions and monthly recruitment plan of public sector banks (PSBs) and financial institutions in a meeting on Sept 21
News Updates

Need to make Indian currency, banks vital part of international, supply chain: PM

PSU Watch Bureau -
We need to make India's banks and currency an important part of the international trade and supply chain, said Prime Minister Narendra Modi

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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