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

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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.

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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.

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.

Public-sector banks appear to have borne the brunt of the fraud-spike, with the Punjab National Bank, which lost a sum of Rs 2,310 crore ($355 million), topping the list, followed by the Central Bank of India, where the lost amount stands at Rs 2,150 crore ($330 million), the data further reveal.

The private sector insurer, a joint venture between Bharti Enterprises and french insurance major AXA, had registered a loss of Rs 92.6 crore in the previous fiscal. one is a public sector unit.

"The company has sold its entire direct investment of 9.96 per per cent in the fully paid-up share capital of Shriram Transport Finance Company to third party investors on the floor of the stock.

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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.

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.

Higher fuel prices may give States a Rs 22,700 -cr windfall (12th September, 2018 ). Capital infusion in PSU banks soon, says govt (20 July, 2017) India’s growth prospects improve on reforms: IMF. Only 4% NPAs in Mudra loans (29th May, 2018 ) The hits and misses of the NDA government.

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.

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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.