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PSU stocks better placed in current market meltdown

Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered a double-digit rise,......

'Bandhan should not fall for corporate banking'

IMAGE: Union Finance Minister Arun Jaitley lights the ceremonial lamp as Reserve Bank of India Deputy Governor H R Khan (extreme left), Chandra Shekhar Ghosh (middle) and West Bengal Finance......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Banks chase borrowers big time in 2014, but to recover loans

Burdened with rising bad loans, mostly given to big corporates, banks learnt it hard way in 2014 that 'if you owe the bank 100 dollars that's your problem, but if you owe the bank 100 million......

Bank licences for companies will make sector competitive: RBI

To allay concerns over issuing new bank licences to companies, Reserve Bank of India Governor D Subbarao said on Friday corporates will bring in large amounts of capital and make the sector more......
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PNB likely to face teething problems while upgrading system

Upgradation to the new product (from Infosys) will stabilise by this month-end Hit by a Rs 11,000-crore fraud, government-owned Punjab National... ...

http://www.rediff.com/money/report/pnb-likely-to-face-teething-problems-while-upgrading-system/20180219.htm
Sachin's double ton powers Dell home

Sachin slammed a double ton while Vikas claimed a six-wicket haul to fashion Dell Cricket Clubs 154-run win over LRDE Sports Club in the KSCA Group... ...

http://www.deccanherald.com/content/659858/sachins-double-ton-powers-dell.html
PNB, Gitanjali Gems, D B Corp among 17 stocks that hit 52-week low

Six public sector banks include Allahabad Bank, Corporation Bank, Dena Bank, Oriental Bank of Commerce and Union Bank of India touched 52-week lows... ...

http://www.business-standard.com/article/markets/pnb-gitanjali-gems-d-b-corp-among-17-stocks-that-hit-52-week-low-118021500872_1.html
NPA rules might weigh on earnings of banks in near term; negative for corporate banks

The revised stressed asset framework would lead to accelerated and early recognition of NPAs in the banking system and would require higher... ...

http://www.moneycontrol.com/news/market-edge/npa-rules-might-weighearningsbanksnear-term-negative-for-corporate-banks_10509541.html
PNB sends 'caution notices' to 30 banks after Nirav Modi fraud

Two days before suspending 10 of its officials in connection with jewellery designer Nirav Modi fraud case, the Punjab National Bank on Monday... ...

http://news.rediff.com/commentary/2018/feb/15/pnb-sends-caution-notices-to-30-banks-after-nirav-modi-fraud/8c6bfd6eb6e4033a8a19bb8fafc56e4a

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