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public sector lenders

29 Mar 2016

3 PSU banks to get Rs 2,375-crore capital infusion from govt

As many as three public sector lenders including Bank of India and Central Bank of India on Tuesday received the approval from government for capital infusion of up to Rs 2,375 crore.

United Bank of India

28 Jun 2015

United Bank tops list with highest bad loans among PSU lenders

United Bank of India has topped the list of public sector lenders with maximum bad loans including restructured assets as a percentage of total advances.

India Government

08 Jun 2015

India to tighten screws on banks' ''window dressing'' of accounts

India`s government is set to overhaul annual targets for public sector lenders this month, ending a focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives.

10 Apr 2015

Rajan sees 'great' changes in banking sector

Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years with the entry of new players, including a postal bank possibly, while public sector lenders will be the biggest "change agents".

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