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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......

RBI cuts key rate by 0.25%; loans to be cheaper

The banking sector in India is reeling under Rs 8 lakh crore of non performing assets or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.          ......

PSU banks fail to push mutual funds

Some of the public banks showed improvement; much more still needs to be done Illustration: Uttam Ghosh/Rediff.com India's public sector banks (PSBs) have continued to lag behind their private......

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......
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Sensex regains strength, recuperates 93 pts in early trade

Domestic bourses got back on their feet in early trade after Friday's slump as the benchmark Sensex recovered about 93 points driven by a fresh... ...

http://news.rediff.com/commentary/2017/aug/21/sensex-regains-strength-recuperates-93-pts-in-early-trade/82c4b68c30e294e85f33585a50a1da66
Arunachal to have 9 IPPB branches

ITANAGAR, Aug 19 - Arunachal Pradesh would have 9 branches of India Post Payment Bank (IPPB), a PSU bank under the Department of Posts. Out of the... ...

http://www.assamtribune.com/scripts/detailsnew.asp?id=aug2017/oth054
FM

Finance Minister Arun Jaitley today assured debt-laden companies that the objective of the new insolvency law is not to banish them but to save... ...

http://www.business-standard.com/article/pti-stories/insolvency-law-aims-at-saving-promoters-not-banishing-them-fm-117081900694_1.html
RBI's Patel says PSU banks need to cut bad loans

RBI governor Urjit Patel calls for recapitalisation of PSU banks to help them resolve NPAs issue in a time-bond manner as bad loans at 9.6% of the... ...

http://www.msn.com/en-in/news/other/rbis-urjit-patel-says-psu-banks-need-to-cut-bad-loans-calls-for-recapitalisation/ar-AAqjFKC?srcref=rss
ONGC targets to double production within six years

Subhash Narayan City: New Delhi PSU flags off 17 production related projects with Rs 76,000-cr capex in the last three years After seeing nearly... ...

http://www.mydigitalfc.com/my-world/ongc-targets-double-production-within-six-years

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