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consolidation of banks

12 Jun 2017

Govt actively working towards bank consolidation: Arun Jaitley

The government is "actively working" towards consolidation of banks, said Finance Minister Arun Jaitley on Monday.

Reserve Bank of India

26 Jul 2016

NPA clean-up should have started much earlier: Raghuram Rajan

Outgoing RBI Governor Raghuram Rajan, who has ruffled industry for his strident bid to get the bank balance-sheets cleaned up, on Tuesday admitted that the central bank should have carried out this exercise earlier.

18 Apr 2016

SBI chief flays over-focus on retail, ignoring infra lending

Speaking out against banks being "goaded" to focus only on the retail segment, SBI Chairperson Arundhati Bhattacharya on Monday wondered who will do the job of infrastructure financing in the absence of development finance institutions (DFIs).

29 Jan 2016

No rethink on Mar'17 deadline for banks on balance sheets: RBI

The restructured and bad assets combined together have gone over 13 percent.

Punjab National Bank

06 Nov 2015

PNB Q2 Net at Rs 621 cr on fall in deposit cost, NPAs level

Punjab National Bank's net profit rose by 8 percent to Rs 621.03 crore in the July-September quarter of 2015-16 on lower deposit costs even as provisioning for bad assets increased.

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