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  Government banks on ETFs to sail through tough disinvestment target

  Business | June 30, 2019 9:56 IST

  The total subscription received by the Centre from various ETFs launched so far stands at Rs 1.87 lakh crores and of this government has retained over Rs 51,000 crores in the last five years, said DIPAM in an estimation of the proceeds from such funds. 

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  Government banks wrote off Rs 81,683 cr loans in 2016-17: Jaitley

  Business | March 06, 2018 18:07 IST

  In a written reply, Jaitley said that writing-off of loans is done for tax benefit as well as capital optimisation and borrowers of such loans continue to be liable for repayment.

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  Make top executives of government banks accountable: Union

  June 21, 2014 22:07 IST

  Chennai: To reign in the ballooning non-performing assets (NPA) in public sector banks, chairman and managing directors (CMDs) and executive directors (EDs) should be made accountable, a leading bank union has demanded.“A system has to