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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......

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......

Govt renews search for five PSU bank chiefs; norms relaxed

As it continues its search for chiefs at five public sector banks, the government has relaxed eligibility criteria with regard to age and experience of applicants. While the age limit has been......

Can getting an ATM PIN cost you Rs 300? It's possible!

It can if your debit card belongs to a PSU bank I'm quite happy and relieved today. Not because I have a got a promotion or a hefty salary hike (I wish it was true). But simply because I can......

Bank of Baroda best placed among PSU banks

Bank of Baroda has relatively better position on impaired assets, diversified loan book and cheaper valuations. Public sector banks (PSBs) have been a strict no-no for investors, due to impaired......
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Sensex, Nifty under pressure; HUL, ONGC, Cipla outperform

10:20 am China falls 4%: Chinese stocks dived today after the securities regulator said the tumbling stock market in the world's second-biggest... ...

http://www.moneycontrol.com/news/local-markets/sensex-nifty-under-pressure-hul-ongc-cipla-outperform_1851081.html
Ambit

T The fall in commodity prices is likely to impact metal companies and PSU banks in India, he told CNBC-TV18. Holland believes the market will... ...

http://www.moneycontrol.com/news/market-outlook/nifty-range-8200-8500-chinese-meltdown-to-hit-india-ambit_1850861.html
Markets to make a gap-down start on feeble regional cues

SENSEX 27953.56 218.13 0.77% NIFTY 8424.60... ...

http://www.finalaya.com/News/Markets-to-make-a-gap-down-start-on-feeble-regional-cues-N404593.aspx
Post govt push, banks cover 51% of their crop loan target

NAGPUR: With the state government sword of meeting targets hanging over their heads, banks have so far covered 51% of their crop loan targets for... ...

http://timesofindia.feedsportal.com/c/33039/f/533988/s/47ebf986/sc/24/l/0Ltimesofindia0Bindiatimes0N0Ccity0Cnagpur0CPost0Egovt0Epush0Ebanks0Ecover0E510Eof0Etheir0Ecrop0Eloan0Etarget0Carticleshow0C479797960Bcms/story01.htm
Nifty holds 8,500-level, slips 11 points on late selling

Mumbai, Jul 7 (PTI) Snapping two-session gaining trend, the Nifty slipped marginally by 11.35 points on bouts of profit-booking in energy, IT, auto... ...

http://www.ptinews.com/news/6230014_Nifty-holds-8-500-level--slips-11-points-on-late-selling.html

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