As part of Indradhanush Plan to revitalise state-owned lenders, the government had proposed to infuse Rs 70,000 crore out of Budgetary Allo...

The plan includes floating re-capitalisation bonds of Rs 1.35 lakh crore and raising Rs 58,000 crore from the market by diluting government...

Most banks are preferring the Qualified Institutional Placement (QIP) route, sources said.

Last month, the govt had unveiled a Rs 2.11-lakh crore 2-year road map to bolster NPA-hit public sector banks, which includes recapitalisat...

NPAs of public sector banks alone have increased to Rs 7.33 lakh crore as on June 2017.

India may need a 'Sudarshan Chakra' to clean up the banks effectively as the pace of action at banks are slow, deputy governor Acharya said...

'Some banks like State Bank of India, Bank of Baroda and Punjab National Bank have potential to go for public offers during the course of t...

'Indradhanush 2.0' will be finalised after completion of the Asset Quality Review (AQR) by the Reserve Bank, which is likely to be complete...

The government will infuse Rs 10,000 crore in public sector banks in the next fiscal and more will be provided if required, Finance Ministe...

PSBs will lose their 'highly safe category tag' if the govt does not step in and provide more capital than what was committed, Crisil said.

The government estimates that state-run lenders would require Rs 1.8 trillion over the next four years. Banks will have to raise the balanc...

Asked whether there are plans to use vaccines to cure dengue, he said for dengue and swine-flu, medicines would continue to be used.

Proper execution of 7-point plan would very clear be a trend changer for the domestic public sector banking space, says Bansal.

"The government should just move away and stop meddling in banks' functioning. It is only then that the position of banks will improve."

What is tucked away on the last page of financial services secretary Hasmukh Adhia's presentation on Friday may well be the game-changer -c...

Govt on Friday had said it would infuse Rs 20,088-cr into 13 PSU banks within a month's time with country's largest lender SBI cornering a ...

Started in 1985, UIP has been playing a critical part in India’s quest to achieve health Millennium Development Goals 4 and 5 by 2015.