Page 2 - State-run Banks
Decade in review: How state-owned banks rose to the occasion amid crisis
At the start of the decade, the government was busy infusing stimulus packages to revive various sectors affected by the global credit crisis
 "Decade in review: How state-owned banks rose to the occasion amid crisis")
Loans and advances of foreign banks operating in India grew 13% in FY19
Loans and advances of foreign banks operating in India rose about 13 per cent to nearly Rs 3.97 trillion in 2018-19.This was slightly ahead of the 11 per cent growth in this regard at scheduled commercial banks in general, comprising private, government-owned, foreign and small finance banks (SFBs). The loan book of private banks grew at a much higher rate, of 25 per cent. Public sector banks expanded theirs' by only 4 per cent. SFBs, a group of recent origin, showed 70.5 per cent growth in loans. Deposits at foreign banks rose 17 per cent in FY19, to Rs 5.8 trillion, from Rs 4.95 trn the previous year. Their capital base increased to Rs 77,809 crore, from Rs 67,883 crore, a 15 per cent increase, according to the Reserve Bank's (RBI's) report on 'Trends and Progress of Banking in India 2018-19'. Foreign banks' borrowings increased to Rs 1.51 trillion in FY19, from nearly Rs 1.3 trn, an 18 per cent spike. Other assets rose by 67 per cent over the year, to Rs 1.47 trn.The number of ..
 "Loans and advances of foreign banks operating in India grew 13% in FY19")
Should we reverse nationalisation of banks? 50 yrs later, the debate is on
Despite the exponential growth in the network of state-run banks, and the advent of private banks in the post-reform period, we continue to struggle
 "Should we reverse nationalisation of banks? 50 yrs later, the debate is on")
Banks, NBFCs slip up to 5% after Altico Capital misses interest payment
An interest payment of Rs 19.97 crore was due on September 12, according to a regulatory filing with the BSE.
 "Banks, NBFCs slip up to 5% after Altico Capital misses interest payment")
Bank unions revise demands, to seek pay rise of 20% at IBA talks
The key reason behind UBFA's revised demand from the 15 per cent earlier is that the gap between what bank employees earn when compared to those in the government's equivalent grade has widened
 "Bank unions revise demands, to seek pay rise of 20% at IBA talks")
The way forward for state-run banks
A more formulaic approach will work better for them, and this has been part of the organisational DNA of the best PSBs in the past
 "The way forward for state-run banks")
Govt to infuse Rs 229.15 billion in public sector banks
In 13 state-run banks in FY17
 "Govt to infuse Rs 229.15 billion in public sector banks")
State-run banks fall up to 3% as Crisil downgrades 8 PSBs
Stress in the corporate loan book of PSBs might result in weak assets ballooning to Rs 7.1 trillion by March 2017
 "State-run banks fall up to 3% as Crisil downgrades 8 PSBs")
