India's finance ministry to encourage bankers to take bold lending decisions.

Modi govt takes steps to reassure bankers to take bold lending decisions

PSU banks have been asked to set up panel of senior officers to oversee the progress of disciplinary and internal vigilance cases to avoid harassment. Read more »
FM Nirmala Sithraman meets PSU bank chiefs

Modi govt launches e-auction platform for stressed assets of PSU banks

Gross NPAs of PSU banks declined from Rs 8.96 lakh crore in March 2018 to Rs 7.27 lakh crore in September 2019. Read more »

Loan mela effect: PSU banks’ disbursals soar to Rs 2.5 lakh crore in October outreach

The outreach was meant to boost economic growth in the wake of a slowdown induced by lack of demand. Read more »

Govt boosts PSU banks’ capital base by Rs 60,314 crore

Modi government had made a provision of Rs 70,000 crore in the Budget for 2019-20. Read more »