The Union government plans to introduce a bill in monsoon session of Parliament to facilitate stake dilution and privatisation of public sector banks (PSU Banks). Read more »
Air India sale must embolden the government to hasten its PSU privatisation and asset monetisation programmes. Read more »
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 »
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 »
The outreach was meant to boost economic growth in the wake of a slowdown induced by lack of demand. Read more »
Modi government had made a provision of Rs 70,000 crore in the Budget for 2019-20. Read more »