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…
25 JAN 2018
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SBI set to recruit 9,500 in customer support and sales functions
India largest Public Sector Bank State Bank of India (SBI) is all set to hire 9,500 junior assistants for customer…
22 JAN 2018
Centre gets Lok Sabha’s nod, bags Rs 80,000 crore fund for PSBs
Public Sector Banks (PSBs) are most likely to receive Rs 80,000 crore of fresh recapitalisation funds in this fiscal year.…
05 JAN 2018
Public sector banks’ NPAs alarmingly rose to Rs 7.34 lakh crore at September-end
Non-Performing Assets (NPAs) in public sector banks (PSBs) have inflated to Rs 7.34 lakh crore by the end of second…
25 DEC 2017
RBI dismisses rumours of Public Sector Bank closures
Denying all the rumours pertaining to the closures of the Public Sector Banks (PSBs), Reserve Bank of India (RBI) said…
23 DEC 2017
SBI lowers minimum balance to Rs 3,000, exempts pensioners and minors
Public sector lender State Bank of India (SBI) has slashed the minimum average monthly balance (MAB) requirement for savings account…
26 SEP 2017
Lok Sabha clears bill approving merger of SBI and associate banks
The Lok Sabha has passed the bill to approve the amalgamation of State Bank of India (SBI) and its associate…
11 AUG 2017
Ensure customers’ locker safety: RBI to banks
The Reserve Bank of India (RBI) has directed the banks to avoid any negligence in terms of customers’ locker…
09 AUG 2017
Finance Minister introduces Bill to revoke SBI (Subsidiary Banks) Act in LS
Union Finance Minister Arun Jaitley has introduced a Bill in the Lok Sabha that would revoke the State Bank of…
21 JUL 2017
Aadhaar supremacy continues,all banks to enrol and update it
For better enforcement of Aadhaar and its usage, all banks, including private sector lenders, will be providing Aadhaar enrolment and…
13 JUL 2017
