QBiz: PNB Blocks 6 NPAs; Govt May Give Rs 30,000 Cr to PSU Banks

FinMin assessing capital needs of PSU banks; Budget may make provision for Rs 30,000 crore.. PNB puts on block 6 NPAs with outstanding of over Rs 1,000 crore. GST Council may give 1-year.

The ADB will provide Rs 1,650 crore. The first budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India’s economy hitting.

Public sector lender Punjab National Bank (PNB) has reportedly put on sale six non-performing assets (npas) worth over Rs 1000 crore, including two. The four other assets which has been put on block includes, Temptation. The bidders can submit their bids through e-auction method, which will take.

2 days ago. The PNB will now be the second largest PSU bank after the State Bank of. This will make it the seventh largest state-owned bank in India.. NPA of PSUs HAVE COME DOWN: NIRMALA SITHARAMAN. An infusion of Rs 3,300 crore has already been made and another Rs 30,000 crore is in the pipeline.

QBiz: PNB Blocks 6 NPAs; Govt May Give Rs 30,000 Cr to PSU Banks Latest Business news: state-owned punjab national Bank has put on sale six non-performing loans amounting to over 1000 crore, including two accounts of. We would like to show you a description here but the site won’t allow us. The ADB will provide Rs 1,650 crore.

PSU banks may get Rs 70,000 crore through recap bonds this fiscal 06 november 2017 Banks report Rs17,000-cr transactions by shell companies post demonetisation

Central Bank Officers’ Association, Andhra Pradesh is the representative body of the Officers working in Central Bank of India, in the State of Andhra Pradesh and is affiliated with All India Central Bank Officers’ Federation (A.I.C.B.O.F.), the recognised Majority Organisation representing Officers of Central Bank of India.

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2 days ago. Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and. Under the scheme of amalgamation, Indian Bank will be merged with. The consolidation of public sector banks will give them scale, the finance minister said.. Last year, the government had approved the merger of Vijaya Bank and.

While 17 out of the 18 companies are private, one is a public sector unit (PSU. Rs 800 crore, the orders have been secured from the state-run power giant NTPC Ltd and Gujarat State Electricity.