Need for inclusive credit strategies for unbanked population: DFS secretary to banksNew initiatives aim to boost credit access for the unbanked. The BAANKNET app and Digital Balance Confirmation Platform were launched to st...
03 Feb, 2026, 01.21 AM IST
Punjab and Sind Bank classifies MTNL accounts as non-performing assetsPunjab and Sind Bank (PSB) has notified that Mahanagar Telephone Nigam Limited (MTNL) accounts are now classified as Non-Performing Assets ...
17 Oct, 2024, 06.07 PM IST
Restructuring impacts even the smallest player: 5 not so much talked about PSU banksWhen it comes to PSU banks, all the limelight is taken by the top players, like SBI, BoB, PNB and one or two others. But the fact is that t...
16 May, 2024, 07.04 PM IST
Is it time for them to get re-rated? Only for moderate risk takers, 5 mid & small-sized PSU banksWhen a sector gets re-rated, it is the leader of that particular sector which tends to get the attention in the first leg. If the fundament...
15 Dec, 2023, 02.43 PM IST
Punjab & Sind Bank declares IL&FS Tamil Nadu Power as fraud account; outstanding dues at Rs 148 croreAs per the bank's policy on determination and disclosures on material events, PSB said it has declared this non-performing account (NPA) as...
15 Feb, 2022, 08.03 PM IST
The future of banking: Lessons from the DBS takeoverThe credit-starved Indian market provides a opportunity for universal banks to explore and grow profitably.
07 Jan, 2021, 01.30 PM IST
PSBs reduce Rs 64,106-cr NPAs via recoveries in FY18: RTIThere are 21 public sector banks in the country. However, the apex bank did not not provide bank-wise details of the NPAs.
29 Aug, 2018, 03.12 PM IST
Bank mergers: An idea whose time should never comeLarger sized banks are required to meet the requirements of larger projects in a growing economy.
13 Jun, 2018, 01.00 PM IST
Privatisation: A bad solution for India’s banking problemsThe current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...
16 Feb, 2018, 07.52 AM IST
Govt ties recapitalisation of Public Sector Banks to action on reforms agendaThe final reforms blueprint will have about 35 action points, including customer services, rationalisation of branches, common customer ser...
02 Jan, 2018, 06.11 AM IST
RBI set to dump its soft approach, will now play hardball over Rs 8 lakh crore bad loansEmboldened by the Banking Regulation Ordinance, the RBI will push for speedy resolution of some big bad loans, a move that could bring down...
16 Jul, 2017, 10.43 PM IST
Stake dilution in PSBs after their health improves: Arun JaitleyArun Jaitley hoped for a resolution to the burgeoning bad loan problem following the government empowering the RBI to order lenders initiat...
08 May, 2017, 12.41 PM IST
Budget 2017: Forgotten reforms becoming a non-performing asset for banking sectorPSBs are unwilling to sell their NPAs at the discounts mandated, given asset quality.
02 Feb, 2017, 12.43 AM IST
Higher level of NPAs to impact profitability of banks: ICRAHigher level of stress is likely to significantly impact earnings and solvency profile of public sector banks over next 2-3 years, says ICR...
19 Feb, 2016, 10.42 PM IST
- Punjab and Sind Bank Q2 net profit falls by 21%
Punjab and Sind Bank today said its net profit for the July-September period fell by 20.8 per cent to Rs 117.07 crore.
26 Oct, 2012, 05.09 PM IST
- Stick strictly to private banks: Dimensions Consulting
Stay away from nationalised banks which are going to see huge pressures on their NPAs.
23 Feb, 2011, 11.16 AM IST
- Punjab and Sind net doubles to Rs 219 cr
State-owned Punjab and Sind Bank (PSB) on Friday reported a net profit that doubled to Rs 218.5 crore in 2006-07.
02 Jun, 2007, 02.03 AM IST