Npa Psbs

CLSA thinks pvt banks may outperform PSBs ahead; check reasons, top picks

CLSA expects private sector banks, which have been stock market laggards over the past few months, to give better returns ahead, given a good business outlook and inexpensive valuations

Ministry of Finance reviews performance of PSBs, pushes for credit growth

The govt reportedly said that it was keen on National Asset Reconstruction Company of India Ltd (NARCL) starting its operation

Finance ministry floats four-tier plan for PSB staff accountability

Move comes at a time when banks are reluctant to lend fearing probe

Time running out for PSBs

Business is rapidly shifting to private banks

Abhijit Banerjee's idea of privatisation won't end PSBs' NPA woes: Unions

Instead, the unions said, ensuring 'proper governance in the system' and 'removing political interference' will address the problem of NPAs

Decline in NPA? Provision coverage ratio of PSBs on the rise, crosses 66%

This has been achieved while being compliant with capital requirement norms

NPA write-offs by PSBs surge 140 per cent over their losses in FY'18

This is for the first time in a decade that banks have made huge write-offs of bad loans along with booking of hefty losses

Indian Bank, Union Bank classifies State Trading Corporation account as NPA

Due to non-payment of interest of Rs 192.9 mn on bank borrowings, Indian Bank and Union Bank of India have reported STC accounts as NPA

Options to de-stress public sector banks

The degrees of freedom available for govt's arbitrary decisions are circumscribed by financial market dynamics

Gross NPAs of banks rose 9.5% to Rs 8.5 lakh cr in H1FY18

Minister of State for Finance Shiv Pratap Shukla informed the Lok Sabha on Monday

Finmin asks NPA-hit PSBs for Rs 2,11,000 cr recap roadmap in a month

The NPAs or bad loans of PSBs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.78 lakh crore in March 2015