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Public sector banks need Rs 1.2 lakh-cr capital infusion: Moody's

  Government will have to infuse Rs 1.2 lakh crore (Rs 1.2 trillion) into PSU banks by 2020 to bolster their balancesheets and make good the losses suffered by them, Moody's Investors Service......

Markets at day's low; PSU banks shine

Markets have extended losses and are trading near day's low with Nifty breaking the important 8,200 mark as participants remain cautious ahead of the RBI's bi-monthly monetary policy review due......

Unfazed by PSU banks' losses, Jaitley promises more funds

Committing to support NPA-ridden public sector banks, Finance Minister Arun Jaitley on Monday said they would be empowered and protected in case of ‘commercially prudent’ settlement of......

'Corporate houses owe Rs 5 lakh cr to banks, Adani gets big favours'

Pawan Verma contended that PSU banks are influenced to give loans to the people who are not able to repay them. Corporate houses owe about Rs 5 lakh crore to PSU banks, a JD(U) member said in Rajya......

Banks: 'No need to press panic button'

IMAGE: A PSU bank. Image published only for representation purposes. 'These are only passing clouds. The banking industry is a century-old industry and this is not the first time it is going......
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Moodys

MUMBAI:The government of India's plan to consolidate public sector banks (PSBs) has more risks than benefits since these banks do not have the... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/government-psu-bank-merger-plan-risky-moodys/articleshow/52958935.cms
Is it time to consider PSU Banks?

Detailed reading of numbers reveals that the top five PSBs excluding SBI have a deposit base of over Rs 19,89,291 cr as against Rs 15,24,097 cr of... ...

http://www.business-standard.com/article/opinion/is-it-time-to-consider-psu-banks-116062800875_1.html
Sensex recovering from Brexit blow, up 122 pts

Bargain hunting bailed out markets on Tuesday as the Sensex rebounded by almost 122 points, taking comfort from a positive close in Asia despite... ...

http://www.mydigitalfc.com/stock-market/sensex-recovering-brexit-blow-122-pts-152
Goyal to seek soft loans for renewables from World Bank chief

New Delhi, Jun 28 () Power Minister Piyush Goyal today said he will seek low-cost and long-term finance for clean energy projects in his meeting... ...

http://timesofindia.indiatimes.com/business/india-business/Goyal-to-seek-soft-loans-for-renewables-from-World-Bank-chief/articleshow/52957771.cms
Moody's report

SBI consolidation is going to bring down the number of PSU banks from 27 to 21. The government aims to bring this number down to below 10. But the... ...

http://www.moneycontrol.com/news/economy/merging-state-banks-is-easier-said-than-done-moodys-report_6942741.html

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