The former CAG, in a letter marked to Principal Secretary to Prime Minister Nripendra Misra, has also suggested a roadmap to wriggle out of the NPA problem.
In a regulatory filing to the stock exchanges, Dena Bank said it "has received a communication from Government of India vide its letter... dated March 16, 2017 informing inter alia capital allocation of Rs 600 crore as part of turnaround linked infusion plan."
HDFC Bank's personal loans are growing by 30 per cent, courtesy a quick disbursement product launched recently.
Public sector banks' gross NPAs have risen from Rs 5.02 lakh crore at the end of March 2016 to Rs 6.06 lakh crore in December 2016.
Ahead of the recently concluded assembly elections in Uttar Pradesh, the BJP had promised to bring in a loan waiver scheme for farmers in the state, if its voted to power.
The bank is willing to write off 40 per cent of the outstanding principal amount of the loan under the scheme, an official said, adding that the decision would be taken at the branch level.
The Reserve Bank of India had on January 30 ended all curbs on withdrawals from current accounts, cash credit accounts and overdraft accounts.
IndusInd will acquire 100 per cent stake in IL&FS Securities Services (ISSL), the bank said in a statement.
Insurance regulator IRDAI has hinted at a premium hike especially in the third-party motor and group health insurance from April 1 when most of the renewals take place in the domestic general insurance market.
During the first nine months of the current fiscal, as many as 455 fraud cases involving Rs 1 lakh and above were detected in ICICI Bank, closely followed by SBI (429), Standard Chartered (244) and HDFC Bank (237).
The move is seen as public sector banks' efforts to exit non-core activities to improve balance sheet as they have piled up huge bad assets over the past few years.
Arun Jaitley had called the meeting to deliberate on options on resolution of stressed assets in the banking sector.
"...the management has been exploring strategic alternatives, and engaging in discussions from time to time with various parties, including Bharat Financial, as and when required," the bank said.
The earlier provision for NBFC was that high value loans against gold of Rs 1 lakh and above must only be disbursed by cheque.
SBI also said it has not received any "formal communication" from the government for re-considering the penalty and it will take a call "if something comes".
The shares were picked up at an average price of Rs 817, valuing the transaction at Rs 2,254.92 crore, data showed.
The loan is given to self-help groups (SHGs) having 10-20 women members who were under-privileged and live in rural and semi-urban areas.
The lender will be using mobile computing technologies and shall have continuous control over all the enabled devices centrally to manage and secure the data.
India's biggest public sector bank, State Bank of India (SBI), announced that come April its savings bank account customers will have to maintain a higher monthly average balance.
The reserve price has been fixed at Rs 194.79 crore on cash basis while on security receipt (SR) basis, it is Rs 216.43 crore.