Banks continue to reel under bad loans; five banks reported loss
Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March.…
14 MAY 2016
Public sector banks
Home
/
Public sector banks
SBI launches mobile app to enable card-less payments
In a move to enable customers to make payments without swiping their cards on the point-of-sale (PoS) devices, State Bank…
05 MAY 2016
RBI to introduce mechanism to check electronic fraud
If everything falls in the right place, Reserve Bank of India (RBI) would soon introduce a regulatory mechanism to prevent…
04 MAY 2016
Appraisal baton passes from bosses to software in SBI
In order to accurately assess employees’ performance, the State Bank of India (SBI) has introduced automated employees’ appraisal system which…
02 MAY 2016
SC tells govt to form panel on bad loans in PSBs
The Supreme Court on Tuesday directed the government to chalk out a proposal for appointing a committee to resolve issues…
27 APR 2016
RBI furnishes list of defaulters to Supreme Court
Complying with the directive of the Supreme Court, the Reserve Bank of India, RBI, has submitted a list of defaulters, who…
01 APR 2016
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…
29 MAR 2016
SBI owns the world’s eighth-biggest online banking site
The State Bank of India, or SBI, has become the world’s eighth biggest online banking site, with the bank’s website,…
29 MAR 2016
RBI on track towards handling bad loans, says IMF
The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs)…
14 MAR 2016
Changes required in Companies Act, SEBI: Jayant Sinha
To strengthen the corporate governance for listed companies, the government has sought for more changes in the Companies Act and…
09 FEB 2016
