INSUBCONTINENT EXCLUSIVE:
North Block has another bit of money puzzle to solve this year: Plugging the revenue gap arising from paltry dividends at the banks it owns
As India battles a potentially $165-billion bad-loan resolution, its 21 state-run banks are struggling to survive, let alone pay part of
their profits to the government
health of the banking industry that is putting in unprecedented amounts of capital to cover loans that have gone bad
Dividend payouts for FY18 would be the worst by Indian state-run banks since FY09, when the economy was seeking to clamber out of the
The payouts have fallen progressively since FY15, when banks led by the State Bank of India had paid the government Rs 6,940 crore in
senior vice president at ICRA
Many banks are currently weak on capital ratios, and they need to conserve their earnings in case they are not meeting capital conservation
