PSU Bank

Kerala govt's liabilities pegged at Rs 31,800 crore

May 15, 2022

Kerala govt's liabilities pegged at Rs 31,800 crore

The State government will be responsible for the loans under the Guarantees Act if the borrowers fail to repay.

October 04, 2020
Kerala govt plans large-scale appointments in loss-making PSUs before its term ends

Only 20 per cent of posts in the public sector units have been handed over to the Public Service Commission. Of the 42 PSUs, 26 are running in heavy losses.
June 10, 2020
SBI to hold virtual general meeting on June 17

The bank said the shareholders will be allowed to e-vote for electing four directors from a list of five candidates as per the provisions of the SBI Act and SBI General Regulations, 1955.
May 04, 2020
Lockdown impact: Bad loans of Indian banks set to double from $123 billion now

Indian banks are already grappling with 9.35 trillion rupees ($123 billion) of soured loans, which was equivalent to about 9.1 per cent of their total assets at the end of September 2019.
March 19, 2020
Coronavirus: Kerala bankers for one-year moratorium on repayment. It's RBI's turn now

The EMI on loans will be accordingly restructured. The benefit of moratorium will be extended to only 'standard accounts' that were prompt in their repayment till January 31, 2020.
March 10, 2020
No takers for loans: Bank loan growth rate at a 58-year low

The bank loans now stand at about Rs 100.4 lakh crores at an increase of 6.3 per cent.
November 03, 2019
3400 branches of public sector banks closed, merged in past 5 years

Of this, 75 per cent of the affected branches belong to the country's biggest lender State Bank of India (SBI).

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