The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Banks want lower provisioning burden on recast debt, interest on cash reserve ratio deposits.
Group policies are more suitable for diabetics; these are negotiable & flexible.
Through the past 12 months, the Bank Nifty has risen 55%
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
The committee's suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Despite the rating agency CARE withdrawing the ratings assigned to the bank facilities of FIPL "with immediate effect" following the receipt of a no-objection certificate (NOC) from the banks, Modi's company received uninterrupted letters of undertaking (LoUs) from PNB, which were honoured by other banks until a few weeks ago.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
23 Nifty companies reported an annual decline in net profit.
The estimated cost breakdown is one of the most important forms in the construction loan package.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
Enforcement Directorate is jointly probing the case.
The CBI has shared its findings with the Enforcement Directorate.
Banks are in need of government support to manage the stressed assets
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
Most of the index heavyweights are yet to declare their results.
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
India's state banks are under pressure to improve profitability.
The rally followed the govt's plan to bolster state-owned lenders.
The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target as reasons.
India is Asia's other bad debt headache.
Benchmark 10-year bond yields hit a 13-month peak as bond traders priced in more aggressive monetary easing next year.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
The need to allow government shareholding in public sector banks to come down below 51 per cent
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Public sector banks' need for capital should be used to make fundamental reforms to their governance and management.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Banking stocks, including top ones like State Bank of India, ICICI Bank, HDFC Bank, Bank of Baroda and Bank of India, among others, have fallen sharply in the last one month.
The scam has offered Lalu Prasad an opportunity to point fingers at Nitish Kumar and Sushil Kumar Modi.
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