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

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

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.

Claim tax benefits on a second home loan from Bajaj Housing Finance Limited home loan tax benefit, Tax Rebate Under Section 24, 80EE. – While you can claim deductions on the principal and interest amount of your home loan under Section 80C and Section 24, you can also claim an additional tax deduction as a first-time homebuyer. Under Section 80 EE, you can claim an extra Rs.50,000 per financial year towards interest payments.RBA signals further rate cuts are imminent The Commonwealth Bank jumped on signals from the central bank on Tuesday that more interest rate cuts are imminent, forecasting rates will hit a record low of 0.75 per cent before Christmas.

Punjab National Bank to auction Rs 1,000 crore of NPAs on June 27.. Budget 2019: Govt likely to allocate Rs 30,000 crore to PSU banks. 17 hours ago. PNB puts on block 6 NPAs with outstanding of over Rs 1,000 crore. 23 hours ago

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

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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.

The Reserve Bank of India (RBI) on Wednesday came out with yet another circular banning deposits of demonetised currency notes of Rs 500 and Rs 1,000, in small saving schemes including Post Office deposits, Public Provident Fund (PPF), National savings certificates (nsc), Senior Citizen Savings Scheme (SCSS), Kisan Vikas Patra (KVP) and ‘Sukanya Samriddhi’ savings scheme among others.

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