Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
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.
The estimated cost breakdown is one of the most important forms in the construction loan package.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
23 Nifty companies reported an annual decline in net profit.
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.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
Enforcement Directorate is jointly probing the case.
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 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
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.
Most of the index heavyweights are yet to declare their results.
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.
Benchmark 10-year bond yields hit a 13-month peak as bond traders priced in more aggressive monetary easing next year.
India is Asia's other bad debt headache.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
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.
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
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
The need to allow government shareholding in public sector banks to come down below 51 per cent
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
Public sector banks' need for capital should be used to make fundamental reforms to their governance and management.
Post graduate colleges are aggressively tying up with banks to introduce banking courses.
