Dena Bank is the only public sector bank amongst a group of nine banks which have hit a 52-week high in the last 3 trading sessions this we...

Global rating agency Fitch said that strong political will is necessary to achieve meaningful reforms in the power sector.

If bankers restructure the loans of SEB once again based on the package announced by central government it will be deemed as second time re...

But in medium to long term, it is a positive. The exposure to the power sector was lending a bad name to PSU banks. That will certainly go.

Brokerages are of the view that stocks in PSU space, capital goods are likely to be impacted by SEB debt restructuring.

So in the short term, from a sentimental perspective, it is positive. But from a longer term, it will depend more on what reforms the SEBs ...

SEB will benefit banks like Punjab National Bank, Union Bank of India and Oriental Bank of Commerce, said Motilal Oswal in a report.

The key question to ask is why did the debt happen in the first place. I don’t think all the states will accept this restructuring package.

According to sources, the restructuring will include converting the term loans extended to the state-run power utility into working capital...

Public sector Central Bank of India may go in for restructuring of some of its loans to the electricity companies in the current quarter.

As per banking sources, a total loan amount of around Rs 6,000 crore, which has been given to RSEB, has been restructured by various banks.

PFC is hopeful of posting a loan growth of over 20 percent in the current fiscal despite the regulatory concerns relating to the energy sec...

Rising incidents of stressed assets in the power sector have prompted banks to ask for tariff revisions every year by SEBs.

Lenders are reluctant to sanction new loans or roll over existing debt of SEBs because of huge losses reported by these utilities.

Going by projections, power distribution companies (discoms) incurred a staggering loss of Rs 70,000 crore in 2010-11.

Reliance Infrastructure Ltd (RInfra), part of the Anil Dhirubhai Ambani Group with interest in infrastructure and power utilities, has bagg...

Reliance Infra has been empanelled as the information technology implementation agency with state-run Power Finance Corp for deeper compute...