Under the Indradhanush roadmap announced in 2015, the government will infuse Rs 70,000 crore in state banks over four years while they will have to raise a further Rs 1.1 trillion from the markets to meet their capital requirement in line with global risk norms, known as Basel III.
Lionel Messi stole Cristiano Ronaldo's thunder again by plundering yet another hat-trick for Barcelona and Basel ruined Jose Mourinho's Champions League return with a shock win at Chelsea.
Chelsea manager Jose Mourinho, famous for often surreal quotes, returned to a favourite theme on Tuesday when he described his players as "beautiful, young eggs".
Basle FC lead online mocking of Liverpool.
These photos prove we live in a bizarre world.
The RBI now brings in important and contentious changes directly through voluminous Master Directions, or Master Circulars
Paul Pogba faces 'a few weeks'on the sidelines after injuring his hamstring.
Robert Lewandowski scored a brilliant free kick to give Bayern Munich a 1-0 win over Atletico Madrid in their last Champions League Group D outing on Tuesday, ending the 100 percent record of their opponents. The Poland international curled the ball over the wall and into the corner of the net in the 28th minute but the goal had no impact on the final standings with Atletico guaranteed top spot and Bayern in second place.
Winning an elusive Olympic gold in Tokyo next year is PV Sindhu's top priority but reigning world champion's immediate target is to do well in the coming tournaments as this is the qualifying year for the quadrennial extravaganza.
Finance Minister Arun Jaitley on Sunday said the government is planning to bring down its stake in public sector banks to 52 per cent so as to meet Rs 3 lakh crore capital requirement.
Enterprise software company Oracle India would look for business opportunities in banking and healthcare segments during the next one year, managing director Shekhar Dasgupta said.
The unseeded Indian beat the 11th seed 21-11, 13-21, 21-7 in a second round match that lasted an hour and two minutes.
The draw for the third qualifying round of the Champions League was made on Friday.
Jose Mourinho's description of his Chelsea players as "beautiful, young eggs" came back to haunt him as English newspapers dredged up a wealth of egg-related puns to mock his team's defeat to Basel in their Champions League group.
The organisers of the Indian Grand Prix rebutted reports that the 2014 Formula One race in the country was in danger of being scrapped from the calendar due to financial constraints, saying that they are committed to fulfill their contract.
Images of the Champpions League matches that were played on Tuesday.
European champions Real Madrid will face former champions Liverpool, FC Basel and debutants Ludogorets of Bulgaria following the draw for the group stage of the Champions league on Thursday.
Caroline Wozniacki overcame a mid-match wobble and withstood a barrage of big hitting to get her WTA Finals title defence back on track with a 7-5, 3-6, 6-2 victory over Petra Kvitova at the Singapore Indoor Stadium.
The Centre on Monday said nationalised banks, which were provided equity as part of capital restructuring need not return it.
Chelsea are in the last chance saloon as far as a trophy goes and Fernando Torres, complete with his 'Mask of Zorro', must continue his recent improvement in swashbuckling style in Thursday's Europa League semi-finals.
Sameer Verma advanced to the semi-finals of the US $150,000 Swiss Open with an easy victory over former world No. 2 Kento Momota of Japan, in Basel, on Saturday.
Summary of sports events and persons who made news on Saturday
Arsenal, aiming for a 16th successive group stage appearance, outclassed Fenerbahce 3-0 in Istanbul to take control of their Champions League playoff tie as the five home teams failed to muster a win between them in Wednesday's first leg matches.
At present, 58 per cent of the population has bank account.
Top seed Kidambi Srikanth stormed into the semi-finals of the US $120,000 Swiss Grand Prix Gold badminton championship after a straight games victory over Takuma Ueda of Japan in the men's singles quarter-finals in Basel on Friday. The Indian beat the eighth seed 21-11, 21-12 in 31 minutes.
Ajax Amsterdam, returning to the stadium where they last won the Champions League 20 years ago, squandered a two-goal lead to draw 2-2 against 10-man Rapid Vienna on Wednesday.
The government is likely to infuse additional capital of Rs 20,000 crore in the public sector banks next financial year to meet Basel III global capital risk norms.
Reader Kedar Muzumdar has sent us few photographs.
Liverpool have put 2016's 3-1 defeat by Sevilla in Basel well behind them and are firing on all cylinders in Europe's elite club competition in this campaign.
Mesut Ozil guided Arsenal to a 2-0 victory over Napoli while a late Cesc Fabregas header gave Barcelona a laboured 1-0 win at 10-man Celtic in the Champions League on Tuesday.
Indian shuttlers Saina Nehwal and H S Prannoy registered fighting victories in the last eight contests at the $120,000 Swiss Open Grand Prix Gold badminton tournament in Basel on Friday.
Britain's world number three Andy Murray stressed the importance of gender equality in tennis, saying the work ethic required to succeed is the same for both men and women.
Factbox on Switzerland's Roger Federer,
Mario Balotelli could return for Liverpool at Manchester United this weekend having returned to training after missing a month with a thigh injury, manager Brendan Rodgers said on Friday.
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
Non-performing assets of banks have increased from Rs 2.75 lakh crore in March 2015 to Rs 7.33 lakh crore as on June 2017.
Banks need to raise capital to comply with Basel III norms. This mode of raising money gives all shareholders equal investment opportunity.
Chelsea's rollercoaster of a season could yet end with another night of European glory after they knocked FC Basel out of the semi-finals on Thursday to set up a Europa League final against Benfica.
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Under Indradhanush roadmap announced in 2015, the government will infuse Rs 70,000 crore in state banks over four years while they will have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirement in line with global risk norms, known as Basel-III.
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