Finance Ministry directs six PSBs to improve on PCA parameters
The Union Ministry of Finance has directed six Public Sector Banks (PSBs), currently under the Prompt Corrective Action (PCA) to…
15 FEB 2019
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SBI not in position to acquire more banks, says Chairman Rajnish Kumar
India largest lender State Bank of India (SBI) is not in a position to acquire more banks and it needs…
21 SEP 2018
Govt to invest Rs 23.5 bn in recapitalisation of Central Bank of India
The government is planning to inject Rs 23.5 billion into Central Bank of India to help it meet its capital…
20 SEP 2018
Panel on PSB NPA resolution to submit report shortly: SBI Chairman
The panel form to bring quick solution to mounting menace of Non-Performing Assets (NPAs) will soon be submitting its final…
29 JUN 2018
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…
11 APR 2018
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…
21 MAR 2018
SBI steps up NPA plans, not to fund project finance
In a bid to curb the rising menace of Non-Performing Assets (NPAs), public lender State Bank of India (SBI) has…
04 MAR 2018
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…
20 FEB 2018
Punjab National Banks reports fraud transactions worth $1.7 billion
Public lender Punjab National Bank has detected fraudulent transactions of more than $ 1.7 billion. In its official communiqué to…
14 FEB 2018
Public Sector Banks likely to undergo leadership reshuffle soon
The Centre is considering the plan of initiating major leadership reshuffle in some of the Public Sector Banks (PSBs). This…
29 JAN 2018
