TopicPublic Sector Banks

Topic: Public Sector Banks

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

PTI - March 16, 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 - February 6, 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 - January 26, 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 - December 23, 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 - December 14, 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 - November 24, 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 - September 26, 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 - March 28, 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.

How government intervention is wrecking India’s banking system

ThePrint Team - March 6, 2020

A summary of Episode 407 of #CutTheClutter where Shekhar Gupta explains why the government should move out of India’s banking system.

Public sector banks to clear pending vigilance cases against officials: Nirmala Sitharaman

PTI - December 28, 2019

Finance Minister Nirmala Sitharaman also says no Merchant Discount Rate charges will be applicable to select modes of payment from 1 January.

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Topic: Public Sector Banks

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