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India banking system News

17 Dec 2018

Government meddling in RBI could undermine India's financial stability: S&P

S&P`s lead global sovereign analyst said last week that India`s 7 percent annual growth would be enough to keep the Indian government`s investment grade BBB- rating stable.

12 Nov 2017

Govt to put more capital in PSBs to strengthen them: Jaitley

Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks.

12 Oct 2017

Working on plan to rebuild capacity of banking sector: Jaitley

Jaitley, who is on a week-long visit to the US to attend the annual meetings of the International Monetary Fund and the World Bank, also said that reforming the banking system is the top agenda of the government.

India defaulters

28 Feb 2017

India takes issue of defaulters very seriously: Arun Jaitley

India takes the issue of defaulters very seriously, Finance Minister Arun Jaitley has said, indicating that he may raise the matter of liquor baron Vijay Mallya with his British counterpart.

United Bank of India

21 Mar 2015

UBI silent march on NPAs

The top management and employees of the state-owned United Bank of India (UBI) would take out a silent march in the city tomorrow to create awareness about the rising levels of NPAs in the banking system.

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