{"id":28651,"date":"2018-10-24T14:11:59","date_gmt":"2018-10-24T08:41:59","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28651"},"modified":"2018-10-24T14:11:59","modified_gmt":"2018-10-24T08:41:59","slug":"anchor-bank-for-psb-consolidation-put-on-hold","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/anchor-bank-for-psb-consolidation-put-on-hold\/","title":{"rendered":"\u2018Anchor bank for PSB consolidation put on hold\u2019"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/business\/anchor-bank-for-psb-consolidation-put-on-hold\/article24256423.ece\">\u2018Anchor bank for PSB consolidation put on hold\u2019<\/a><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>The concept of having 5-6 anchor banks and consolidate weaker banks with them put on hold.<\/li>\n<\/ol>\n<p><strong><u>Important facts:<\/u><\/strong><\/p>\n<ol>\n<li>Culture is the major hurdle in integration, emphasized by Canara Bank chairman, T.N. Manoharan.<\/li>\n<li>T.N. Manoharan also opines that turning of loan to big infrastructure projects to bad loan is real cause of NPA<\/li>\n<li>It is contrary to public perception that\u00a0bad loans are due to wilful defaulters and indiscriminate lending&#8217;<\/li>\n<li>T.N. Manoharan also supported the idea of bad bank.<\/li>\n<li>Classification of banks into three categories mooted:\n<ol>\n<li><u>Universal Banks:<\/u> Does all kinds of banking, including corporate lending.<\/li>\n<li><u>National Retail Banks:<\/u> would focus only on retail lending.<\/li>\n<li><u>Regional retail banks.<\/u><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<table>\n<tbody>\n<tr>\n<td width=\"638\"><strong><u>Anchor banks:<\/u><\/strong><\/p>\n<ul>\n<li>Anchor banks are public sector banks that will drive the consolidation process among the state owned banks.<\/li>\n<li>\u00a0 Consolidation among PSBs has been under discussion from the last one decade.<\/li>\n<li>\u00a0However, bankers had opposed the idea of consolidation among PSBs on the ground that the financial health of the most of banks had detiorated.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Anchor bank for PSB consolidation put on hold\u2019 News: The concept of having 5-6 anchor banks and consolidate weaker banks with them put on hold. Important facts: Culture is the major hurdle in integration, emphasized by Canara Bank chairman, T.N. Manoharan. T.N. Manoharan also opines that turning of loan to big infrastructure projects to bad&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/anchor-bank-for-psb-consolidation-put-on-hold\/\">Continue reading <span class=\"screen-reader-text\">\u2018Anchor bank for PSB consolidation put on hold\u2019<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28651","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":14,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28651"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28651\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}