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Tags Posts tagged with "PSU banks"

Tag: PSU banks

Jaitley announces Rs 2.11 lakh cr support for debt-ridden PSU banks

The Union Finance Ministry has announced Rs 2.11 lakh crore for the Public Sector Unit (PSU) banks to help them improve their bad loans-hit...

Cabinet approves alternative mechanism to enable merger of PSU banks

In a bid to ensure optimum efficiency of public sector banks, the Union Cabinet has cleared an alternative mechanism to deal with the proposals of...

10 PSU banks submit turnaround plans to centre for fund infusion

For getting fund infusion, around 10 Public Sector Banks have submitted their turnaround plans to the centre. The list of banks includes Bank of India,...

State-run banks to get Rs. 5,050Cr govt support

The state-run banks are likely to get a sum of Rs.5,050Cr from the Government of India to be spent on their recapitalisation, by the...

Arun Jaitley pitches for more autonomy to PSU banks

Finance Minister Arun Jaitley has pitched for more autonomy to state-owned banks. Jaitley made the comment at a two-day meeting of public sector bankers convened...

Govt splits CMD’s post, names chiefs for 4 PSU banks

The government has separated the post of chairman and managing director/CEO of public sector banks (PSBs). “Henceforward, in the new appointments of PSBs other than...

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