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Shiv Sena, MNS rake up 'Marathi Manoos' cause again

The trigger is UPSC's new exam pattern, entrance exams in PSU banks and undertakings, says Sanjay Jog The Shiv Sena and its breakaway group, the Maharashtra Navnirman Sena have raked up the cause......

PSU banks to raise Rs 1 trillion from markets in four years

Public sector banks will need to raise Rs 1.10 lakh crore or Rs 1.10 trillion from markets to meet more than half of their capital requirement of Rs 1.80 lakh crore or Rs 1.80 trillion over the......

PSU banks need higher capitalisation for dealing with NPAs

Reserve Bank of India deputy Governor R Gandhi on Monday said public sector banks need higher capitalisation than budgeted to strengthen balance sheet and dealing with non-performing assets. "Need......

'Challenges for PSU banks remain despite uptick in economy'

  Fitch Ratings' on Monday said challenges for state-owned banks remain despite improving macro picture. "The performance of India's state bank sector remained challenged in FY15 (to......

Govt may infuse Rs 19k cr into PSU banks in FY16

By 2018, PSBs will need a whopping Rs 2.4 lakh crore (Rs 2.4 trillion) of capital to meet Basel-III norms, according to a finance ministry estimate. The government is likely to take the bank......

PSU banks put Rs 14,000-cr bad loans on the block

Sale of stressed assets is gaining momentum this financial year after easing of certain rules by the central bank. Public-sector banks have put Rs 14,000-crore (Rs 140-billion) worth of......
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Leading NBFCs are bigger than many PSBs

Slowly but steadily, non-banking finance companies (NBFCs), such as Shriram Transport Finance and Bajaj Finance, are claiming the ground vacated by... ...

http://smartinvestor.business-standard.com/market/Compnews-327317-Compnewsdet-Leading_NBFCs_are_bigger_than_many_PSBs.htm
Market keeps spirit of reforms high, Nifty recaptures 8,500-mark

Pic Courtesy: - Mumbai: The flagship benchmark Nifty reclaimed the psychological 8,500 barrier, surging by a hefty 111 points - its biggest... ...

http://zeenews.india.com/business/news/finance/market-keeps-spirit-of-reforms-high-nifty-recaptures-8-500-mark_132775.html
PSBs should have an arm's length relationship with the govt

International Monetary Fund's (IMF) senior resident representative in India since August 2012, Thomas Richardson says he sees a fair amount of... ...

http://www.financialexpress.com/article/economy/psbs-should-have-an-arms-length-relationship-with-the-govt/111641/
Jimeet Modi

The week opened with Black Monday and fell by 2% reacting to the Chinese SSE Composite fall of around 8%. The China mayhem rattled markets across... ...

http://www.myiris.com/outlook/market-daytrade/upward-journey-in-market-to-continue-in-week-ahead-jimeet-modi/20150731170750043
Banks lead rally in stock market; Sensex up 409 points

New Delhi, Jul 31 (UNI) Led by banks,stock market surged today after government promised to infuse capital into the state owned lenders in order... ...

http://www.uniindia.com/news/business-economy/banks-lead-rally-in-stock-market-sensex-up-409-points/147821.html

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