Tags Posts tagged with "public sector banks"

Tag: public sector banks

Finance Minister Piyush Goyal places 11 PSBs under RBI’s ‘Prompt Corrective...

To put a check on the deteriorating financial health of banks in the country, Union Minister of Finance Piyush Goyal has placed 11 Public...

Former DoPT Secretary Bhanu Pratap Sharma appointed as chairman of Bank...

The Centre has appointed former Department of Personnel and Training Secretary Bhanu Pratap Sharma as the new chairman of the Banks Board Bureau (BBB). Sharma...

Bank of India to wrap up its Dubai operations

Public lender Bank of India (BoI) is planning to wind up its representative office in Dubai.The proposal has received the nod from the Central...

SBI to terminate cheque books of these associate banks soon

Customers who earlier had accounts in State Bank of India (SBI) associate banks and Bharatiya Mahila bank are directed to apply for cheque books...

Goldman Sachs demotes India’s GDP forecast due to PNB fraud

Leading global investment bank Goldman Sachs has downgraded India’s Gross Domestic Product (GDP) forecast in the wake of Punjab National Bank (PNB) fraud. The bank...

Banks Board Bureau chief blames Centre for sitting over banking reform

Highlighting serious lapses and communication breakdown between the Centre and the Banks Board Bureau (BBB), Chairman of BBB Vinod Rai blamed the Government for...

PSBs to transfer officers completing 3 years: Central Vigilance Commission

Central Vigilance Commission has directed the Public Sector Banks (PSBs) to transfer the officers who have completed three years as on December 31, 2017,...

Four PSBs involved in Aadhaar based fraudulent money withdrawal: Centre

The Centre admitted that there had been cases of fraudulent money withdrawal using Aadhaar numbers. In a recent reply to Parliament, the government said that...

PSU banks get ready for rationalisation, identify 41 overseas units

In a bid to initiate their overseas operations, Public Sector Banks (PSBs) have identified 41 units for rationalisation under their larger reform process, said...

Shutdown loss-making branches: Finance Ministry directs public sector banks

In a bid to mellow down the rising menace of Non-Performing Assets (NPAs) in public sector banks, Ministry of Finance has directed the banks...

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