TopicPublic Sector Banks

Topic: Public Sector Banks

‘Bad banks’ could be effective, but PSBs need better lending policies in the long run

Dipanita Roy - 29 September, 2021

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

Only 1.6% loans to street vendors under PM SVANidhi so far have come from private banks

Moushumi Das Gupta - 3 April, 2021

Of total loans disbursed to over 20 lakh street vendors until 29 March, PSBs gave loans to over 18 lakh applicants while private banks distributed loans to just 32,534.

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

PTI - 16 March, 2021

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

Govt plans to privatise public sector banks — these two could be the first ones to be sold

ThePrint Team - 6 February, 2021

A selection of the best news reports, analysis and opinions published by ThePrint this week.

Why Budget 2021 is a great chance for Modi govt to bite the bullet on PSU bank privatisation

Remya Nair - 26 January, 2021

Fiscal compulsions could drive privatisation, but there’s still a need to overcome hurdles created by labour laws and low valuation of public sector banks.

Under Modi govt, top bosses of PSU banks have stopped getting extensions

Manojit Saha - 23 December, 2020

In the past six years, at least six top public sector bankers have not been given an extension by the Modi govt, despite being eligible for it.

Reduce stake in PSU banks to 50%, provide job incentives to firms — CII’s wishlist for Budget

Remya Nair - 14 December, 2020

The industry body headed by Uday Kotak has made the suggestions to Finance Minister Nirmala Sitharaman as part of pre-Budget consultations

In just 5 years, private banks have narrowed public sector’s huge lead in loans & deposits

Manojit Saha - 24 November, 2020

Private banks’ market share in loans has risen to 36.04% in 2020 from 21.26% in 2015, while public sector banks’ share has gone to 59.8% from 74.28%.

End the domination of public sector banks, not simply recapitalise them. That’s true reform

Ila Patnaik - 26 September, 2020

Let zombie firms linger on & banks stay crippled a little longer if it leads to deeper reform, so India can get away from broken financial system of the 1980s.

Raghuram Rajan tried to find bad loans. The dirt that came out was thrice his expectation

Vivek Kaul - 28 March, 2020

In Bad Money, Vivek Kaul writes how public sector banks refrained from recognising bad loans because that meant setting aside money to meet these losses.

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ThePrint Team - 28 May, 2021

Opinion

India has interests on both sides of US-China divide. Cold War holds clues for path ahead

Lt General Prakash Menon - 5 July, 2022

India’s strategic balance is weighted towards the West and its economic balance is towards China. But it needs more to build a multipolar world order.