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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......

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......

'Challenges for PSU banks remain despite uptick in economy'

  Fitch Ratings' on Monday said challenges for state-owned banks remain despite improving macro picture. "The performance of India's state bank sector remained challenged in FY15 (to......

Govt may infuse Rs 19k cr into PSU banks in FY16

By 2018, PSBs will need a whopping Rs 2.4 lakh crore (Rs 2.4 trillion) of capital to meet Basel-III norms, according to a finance ministry estimate. The government is likely to take the bank......

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......

Sensex, Nifty fall drastically at close; banks, auto lose heavily

PSU banks were the top losers after the RBI said they would need higher-than-budgeted capital infusion.  Benchmark share indices failed to extend the previous day's pull back and the Nifty......
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House panel against private stakes in GSTN

The not-for-profit entity created to set up the information technology backbone for the proposed goods and services tax (GST) should be made a... ...

http://smartinvestor.business-standard.com/market/Marketnews-326685-Marketnewsdet-House_panel_against_private_stakes_in_GSTN.htm
PNB Q1 Net dips 49% to Rs 721 cr on higher provisioning

try's second largest PSU lender Punjab National Bank (PNB) today posted a 48.68 per cent plunge in its first quarter net profit at Rs 721 crore,... ...

http://www.business-standard.com/article/pti-stories/pnb-q1-net-dips-49-to-rs-721-cr-on-higher-provisioning-115072801238_1.html
The naked truth about PSU banks

There are many reasons behind the sorry state of affairs in India's state-run banks. Photo: Hemant Mishra/ Mint Mumbai: India's public sector... ...

http://www.livemint.com/Industry/7mhWlCbCCR79ka2kxbo93M/The-naked-truth-about-PSU-banks.html
Report

MUMBAI: Housing market in Mumbai Metropolitan Region has recorded worst half-yearly performance since global financial crisis in 2008 with around 2... ...

http://economictimes.indiatimes.com/wealth/real-estate/news/mmr-housing-market-records-worst-half-year-post-global-financial-crisis-report/articleshow/48251981.cms
Sensex dips for 4th day, Nifty below 8350; HDFC, ICICI drag

It was a day of consolidation on Dalal Street with the benchmark indices falling for the fourth consecutive session Tuesday. Select banking &... ...

http://www.moneycontrol.com/news/local-markets/sensex-dips-for-4th-day-nifty-below-8350-hdfc-icici-drag_2197101.html

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