Government expects no dividend from at least 9 PSU banks including Bank of Baroda, Bank of India, IDBI Bank, IOB
27 March 2016, 17:54
0
113
The finance ministry has not budgeted for any dividends from at least nine public sector banks during the next fiscal, in what is being seen as an indication that the government expects the finances of several lenders to remain under stress even during 2016-17.
With rising bad debt that has pushed several banks into losses, just five banks -Andhra Bank, Canara Bank
With rising bad debt that has pushed several banks into losses, just five banks -Andhra Bank, Canara Bank
![[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026](https://c.mql5.com/6/1013/splash-preview-771790.png "[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026")