Blog Image
PSU Banks and their Bad Loans

It is indeed alarming to note that over 1,463 entities form the bad loans portfolio of 21 PSU Banks, which amounts to over Rs. 1 billion rupees.  Following is a quick glance related to few banks: The Gross NPA assets of PSU banks stood at 7.34 trillion by the end of second quarter of this

PSU Banks and their Bad Loans

It is indeed alarming to note that over 1,463 entities form the bad loans portfolio of 21 PSU Banks, which amounts to over Rs. 1 billion rupees.  Following is a quick glance related to few banks: The Gross NPA assets of PSU banks stood at 7.34 trillion by the end of second quarter of this

MTM LOSS OF 250 BILLIONS FORESEEN BY BANKS

  A loss of 250 billion rupees is during the third quarter is observed by banks,  which has made them to approach RBI for a breathing space by way of spreading the losses over some quarters. How has this loss happened?  ICRA adds, that bank treasuries would be facing a loss of Rs. 155 billion

MTM LOSS OF 250 BILLIONS FORESEEN BY BANKS

  A loss of 250 billion rupees is during the third quarter is observed by banks,  which has made them to approach RBI for a breathing space by way of spreading the losses over some quarters. How has this loss happened?  ICRA adds, that bank treasuries would be facing a loss of Rs. 155 billion

BHIM AND ITS STRENGTH

BHIM has strengthened further… The UPI powered Bharat Interface for Money (BHIM) was among the first to app launched to complete digital payments using Universal Payments Interface (UPI). Read the following details which is more interesting. The number of banks live on BHIM have more than doubled to 65 The volume of transactions has gone

BHIM AND ITS STRENGTH

BHIM has strengthened further… The UPI powered Bharat Interface for Money (BHIM) was among the first to app launched to complete digital payments using Universal Payments Interface (UPI). Read the following details which is more interesting. The number of banks live on BHIM have more than doubled to 65 The volume of transactions has gone

Surprise New Year Bonanza By SBI

India’s Largest PSU Bank State Bank of India, surprised its customers, with a bonanza, through a reduction in the base rate and benchmark prime lending rates (BPLR) wef 1st Jan 2018.  The details are as under: The rates for the existing customers by 30 basis points each (one basis point is a hundredth of a

Surprise New Year Bonanza By SBI

India’s Largest PSU Bank State Bank of India, surprised its customers, with a bonanza, through a reduction in the base rate and benchmark prime lending rates (BPLR) wef 1st Jan 2018.  The details are as under: The rates for the existing customers by 30 basis points each (one basis point is a hundredth of a