scorecardresearch
Wednesday, September 3, 2025
TopicPSB

Topic: PSB

Govt-run banks no longer need external help for capital buffers, issuing bonds to fund lending

Govt has not had to recapitalise PSBs since FY22. These banks, now highly profitable, are now increasingly meeting their capital requirements from their own resources.

Singed by farm protests, Modi govt holds up privatisation of 2 PSU banks until state polls

The government had listed the Banking Laws (Amendment) Bill, 2021 in the Winter Session of Parliament but it still awaits cabinet approval.

Nirmala Sitharaman asks banks to work with states to push ‘one district, one product’ agenda

Finance Minister Sitharaman further said there should be a simple approach between public sector banks so that exporters are not be made to run between banks to scout for better offer.

Govt will protect interest of workers of state-owned banks that may be privatised — Sitharaman

The finance ministers assurances come amid strikes by bank unions opposing the govt's policy to privatise lenders.

Ministries, public sector banks to stop physical printing of calendars & diaries

The decision has been taken given as using technological innovations for planning, scheduling & forecasting is known to be economical, efficient and effective, an official memo said.

Why public sector banks are struggling to raise capital but private banks are having it easy

ICRA estimates that PSBs need around Rs 60,000 crore in the current fiscal, but these banks are struggling to raise capital despite asset quality challenges.

Bad bank not just necessary but unavoidable in present situation, says former RBI governor

The standard advantage of a bad bank is the entity taking a decision on sale price is different from the entity accepting that price, former RBI governor D Subbarao said.

Sitharaman says banks gave out over Rs 81,000 crore in 9-day loan mela

Finance Minister Nirmala Sitharaman said banks have sufficient liquidity, and efforts were on pass on money to MSMEs from large corporates.

No job losses due to merger of public sector banks, says Arun Jaitley

The finance minister said merging Vijaya Bank and Dena Bank with Bank of Baroda will decrease the cost of lending and NPAs.

On Camera

Trump’s 4,500 troops can topple Nicolás Maduro—not fix Venezuela

The US troops could dislodge the government in Caracas, but it won’t be enough to police a country ringed by drug cartels and insurgents.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.