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CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

A tale of two sinking banks

The experiences of HBOS and Indian Overseas Bank show that often loans make money for the lender in the initial years but losses come later when they turn bad, notes A V Rajwade. In one basic way,......

Reserve Bank pulls up bosses for IOB mess

  The Reserve Bank of India has initiated corrective action at Indian Overseas Bank on the grounds that its management is unable to revive it.IOB has reported low return on assets for four......

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......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......
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The great Kingfisher sale! 8 cars from Vijay Mallya's firm for Rs 14 lakh

By Varun Singh| Posted 28 minutes ago A fleet of 8 cars belonging toselling embattled business tycoonVijay Mallya's company will be auctioned... ...

http://www.mid-day.com/articles/the-great-kingfisher-sale-8-cars-from-vijay-mallyas-firm-for-rs-14-lakh/17458197
Govt's recent capital infusion in PSBs not enough, says Moody's

Close on the heels of the government infusing about Rs 23,000 crore capital in public sector banks (PSBs) this year, rating agencies have... ...

http://www.deccanherald.com/content/559554/govts-recent-capital-infusion-psbs.html
Sebi may help in government's recapitalisation plans for PSBs

To help push government's recapitalisation drive for public sector banks (PSBS), the Securities and Exchange Board of India (Sebi) may grant a... ...

http://wap.business-standard.com/article/markets/sebi-may-help-in-government-s-recapitalisation-plans-for-psbs-116072101320_1.html
Govt infusion in banks still short, say Icra & Fitch

Indian banks will need $90-billion additional capital, most of it for public sector banks, to meet Basel III requirements by 2019. Rating agencies... ...

http://www.rediff.com/money/report/govt-infusion-in-banks-still-short-say-icra-fitch/20160721.htm
Capital infusion will dilute bank book

01:11 am FOLLOW US: Chennai: The recapitalisation of 13 government banks, announced by the central government, will result in dilution of their... ...

http://www.freepressjournal.in/business/capital-infusion-will-dilute-bank-book/893784

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