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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......

Govt to infuse Rs 10,000 cr in PSU banks in FY18

The government will infuse Rs 10,000 crore in public sector banks in the next fiscal and more will be provided if required, Finance Minister Arun Jaitley said on Wednesday. “As per the......

Recapitalisation of PSU banks: How govt flouts SEBI rules

In eight cases, the banks would violate the minimum public shareholding norms if their promoter, the Government of India, infused capital as announced. Last month, the central government announced......

Govt infuses Rs 22,915 cr capital into 13 PSU banks

This is the first tranche of capital infusion for the fiscal and more funds would be provided in future depending upon the performance of PSU banks. The government on Tuesday provided Rs 22,915......

Will PSU bank shares be a good buy now?

With a large part of the asset quality stress revealed by most state-owned banks, it makes sense to buy their stocks, states Hamsini Karthik More often than not, analysts explain why investors......

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......
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FinMin wants Basel III deadline extended to help banks clean up books

Six of 21 PSU banks under corrective action, need higher capital to improve poor financial health ...

http://www.business-standard.com/article/pti-stories/finmin-for-extending-rbi-deadline-on-basel-iii-norms-117062600656_1.html
MTNL CMD

State-owned telecom corporation Mahanagar Telephone Nigam Ltd (MTNL) today said it expects to repay about Rs 125 crore of debt before June-end. The... ...

http://www.business-standard.com/article/pti-stories/will-repay-rs-125-cr-debt-to-psu-bank-by-june-end-mtnl-cmd-117062600557_1.html
Wait for the impact of GST

Mumbai: A volatile week saw the Nifty ending lower for a fourth straight session on Friday to close at 9,574. Mid-cap and small-cap indexes... ...

http://www.sify.com/finance/wait-for-the-impact-of-gst-news-sensex-rg0kLjecacccf.html
RBI

This bitter truth was disclosed in an RTI response by the Reserve Bank of India (RBI) and 19 PSU banks. Stung by the revelation, the lawyer who had... ...

http://indiatoday.intoday.in/story/banks-have-no-liability-for-loss-of-valuables-in-lockers-rbi/1/986993.html
Keep Focusing on Bank Nifty

Will what looked like a profit-booking move end up as a corrective move? That’s the fear derivative traders are nursing now. Intraday charts and... ...

http://www.mydigitalfc.com/derivatives/keep-focusing-bank-nifty-580

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