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Don’t miss the latest developments in business and finance.
How long will the good run last?
In public, bankers exude confidence and say everything is hunky-dory, but the rising defaults in a few pockets don't exactly suggest this
Coronavirus, not developments at YES Bank, will determine market direction
The health scare would taper-off in India also in a matter of a few weeks/months, based on the quantum of spurt in the initial stages and also depending upon the possible role of temperature.
PMO seeks specific details from FinMin on benefits of merging 10 PSBs
One advantage of the merger cited by the banks to the government is that their capital base would go up
PNB chief expects a comeback in FY21 with 8-10% credit growth post merger
Merged entity likely to report 8-10% credit growth, better asset quality next fiscal; equity offering by December
Merger process major challenge for PSBs in near future: SBI Chairman
In August last year, Finance Minister Nirmala Sitharaman had announced merger of 10 banks
Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM
Stressed MSME assets will not be labelled NPAs till March 31, 2020
Irdai in talks with insurance firms hit by govt's mega PSB merger drive
The mergers have created a problem as many of these banks are promoters of insurance companies
Bank of Baroda to share its merger experience with 10 public sector banks
While the market is looking at near-term implications of the merger like the pace of lending activity, banks are more concerned with long-term issues
NextGen PSBs: Indian Bank-Allahabad Bank merger to boost scale of ops
There will be very little overlap in terms of branches or network, since the geography focus has been different, says Indian Bank's Padmaja Chunduru
Govt likely to adopt Bank of Baroda-like model of merger for PSBs
The central government has to consult the RBI before formulating a plan for PSB merger
BoB-Dena-Vijaya Bank merger: New logo, but names of 3 PSBs to remain intact
RBI nod in place, Jaitley-led group of ministers to give final approval soon
BoB-Dena-Vijaya Bank merger unwarranted, will lead to job cuts: AIBEA
Opposing the merger of these three banks, nearly one million bank employees and officers will take part in a nation-wide srike on Dec 26, says AIBEA
Jaitley-led panel formed to oversee PSB mergers; Goyal, Sitharaman included
The proposals cleared by the committee will be submitted to the Cabinet every quarter
Govt to set up alternative mechanism to fast track PSBs merger
Move to create large banks aims at meeting credit needs of growing Indian economy
PSB mergers will not be a cake walk; concerns over NPAs is key
PNB, Canara Bank, Union Bank and Indian Bank seen as candidates to lead the process