This quarter we kept slippages at around Rs 2200 crore against Rs 3,486 crore in last quarter.

There were no buyers for the stock and pending orders accumulated to about 3 lakh shares.

"Such stringent norms stipulated by RBI for our banks is unrealistic and unwarranted," the panel said.

Looks like, this round of infusion will not be the be-all and end-all for the PSU lenders.

Last week, the RBI in its central board meeting decided the issue of banks under Prompt Corrective Action (PCA) will be examined by Board f...

According to an initial estimate, if RBI relaxes the norms around Rs 6 lakh crore of lending can be achieved without any additional require...

The govt also expects some lenders to come out of the PCA framework on their own after recent recoveries.

At present there are 11 banks under RBI’s PCA framework and the minimum common equity Tier-I ratio as prescribed by RBI stands at 5.5% agai...

Currently, 11 banks including Bank of India, IDBI Bank, Dena Bank, and Allahabad Bank are under the PCA framework.

In all 15 CEO of PSBs from the two regions will participate in the meeting to discuss the way forward for the Indian Banking system.

As many as 11 of the 21 PSU banks are currently under the PCA framework.

In view of mounting non-performing assets (NPAs), the RBI yesterday directed Dena Bank not to issue any fresh loans and hire new personnel.

Market watchers said the recap plan would lead to steep book value dilution risks.

RBI said it has come across some "misinformed communication" circulating in some section of media about closure of some public sector banks...

Banks having losses for 2 years on run, with over 6% bad loans, and those unable to meet minimum cap requirement, will be subject to RBI's ...

If the bank managements are unable to initiate those corrective actions, new PCA guidelines make it clear what they can expect, says Khara.

The Marathahalli resident wanted to file a complaint against a police inspector who he said refused to register a case of theft.