India Banking Sector Performance

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  Banking Sector Witnessing A Decade-High Performance: RBI

  As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).

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  Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey

  Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.

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  Piyush Goyal To meet Heads Of Public Sector Banks Ahead Of Budget

  Interim Finance Minister Piyush Goyal has called the heads of all public sector banks for a meeting on Monday when he is expected to take stock of banking sector's performance and discuss ways to improve their financial health.

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  State-Run Banks Wrote Off Rs 81,000 Crore Loans In Fiscal 2017

  Loans worth Rs 81,683 crore were written off by public sector banks (PSBs) in 2016-17, Finance Minister Arun Jaitley said today in the Rajya Sabha. In a written reply, Mr Jaitley said that loans are written off for tax benefit and capital optimisation, but the borrowers of such loans continue to be liable for repayment

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  India's Health Check-Up: Kerala On Top, UP Makes Short-Term Gains

  Kerala tops the list when it comes to overall performance in the health sector and Uttar Pradesh is at the bottom but has made some annual incremental gains. These are some of the findings of the first-of-its-kind study done by the central government, the report of which was released today.

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  Finance Ministry To Initiate Performance Review Of Heads Of 12 Banks

  RBI has put 12 public sector banks under watch in view of lagging on certain performance parameters.

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  Crisil Ups Outlook On 18 PSU Banks After Capital Infusion Plan

  Crisil said move will strengthen the balance sheets of these banks apart from improving their core capital. It also expects an improvement in the overall performance of these lenders with the uptick in credit demand.

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  Bad Assets, High Credit Costs To Hit State Banks' Performance, Says Fitch

  Recapitalisation is "short of enabling the banks to meet higher regulatory capital burdens under Basel III in the face of persistent weak earnings," said the ratings agency.

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  Bankers Suggest Lowering Of Corporate Tax To Boost Credit Growth, Says Survey

  The survey findings reveal that banking sector performance during the July-December 2017 period remains more or less similar to the previous six months on the parameters studied.

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  PSU Banks Face 1,463 NPA Accounts Of Rs 100 Crore Each

  In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter.

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  Most State Banks Failed To Qualify For Capital Push, Says Centre

  The finance ministry today said it has not provided the entire amount towards capital infusion in public sector banks as most of them failed to meet the performance target.

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  'Capital Infusion In Banks To Depend Upon Their Performance'

  The banks which have performed relatively better and need capital the most will be considered for fund infusion, sources said.