Overall, this will likely drive system loan growth to improve sustainably to trend 12-13 per cent levels (from 10 per cent now),” said Anan...

According to the draft scheme of amalgamation floated by the RBI on Tuesday, it proposed to merge the beleaguered private sector lender LVB...

The government stake in some PSBs has gone past 75% due to successive capital infusions for meeting regulatory ratios.

The country will be left with only 12 large public sector banks from 27 before, the government had announced earlier this year. For existin...

Near-term pressure on their profitability will sustain even as they demonstrate better growth.

In place of fragmented lending capacity with 27 PSBs in 2017, now there will be 12 PSBs post consolidation.

Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks.

The bank in a regulatory filing said that as per the government guidelines for rationalisation of overseas presence, increase in efficiency...

Larger sized banks are required to meet the requirements of larger projects in a growing economy.

BBB has released a compendium of its recommendations on reforms at public sector banks (PSBs) in a report that also cites a lack of engagem...

BBB's statement is in line with the recent stance taken by RBI governor Urjit Patel, who had suggested that the regulator did not have suff...

The RBI deputy governor's comments come at a time when the PSBs are reeling under the burden of NPAs and a massive fraud that was unearthed...

The final reforms blueprint will have about 35 action points, including customer services, rationalisation of branches, common customer ser...

SBI recommended dividend of Rs 2.5 per share for 2016-17 that will entail an outflow of Rs 2,073 crore, far exceeding the consolidated net ...

In the current fiscal, only Rs 11,200 crore has been set aside for capital infusion in state-run banks, down from Rs 14,000 crore in the ye...

Consolidation will allow the merged entity to raise tier-II bonds (subordinated debt) at a slightly finer rate than what the weaker entity.

Barely a week after the finance ministry officials met leading state-owned banks to push mergers through buyouts of smaller banks, the Rese...