Govt most likely to proceed with PSU bank merger: Arun Jaitley
The central government has said it is examining every possibility to proceed further with the merger of the public sector…
05 JUN 2017
Indian Overseas Bank
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Indian Overseas Bank
Universal Sompo General Insurance elevates Rajiv Kumar as MD & CEO
Universal Sompo General Insurance Co. Ltd announced that Rajiv Kumar has been appointed as the new Managing Director & Chief Executive…
13 OCT 2016
United Bank of India gets Rs 608 crores from Govt
United Bank of India (UBI) has received Rs 608 crores from the central government through preferential allotment of equity shares.…
27 SEP 2016
Government funding saves PSBs
It seems a timely help by the central government has come as a relief for the Public Sector Banks (PSBs).…
30 AUG 2016
Finance Ministry to invest Rs5,000cr into PSBs
The Ministry of Finance will invest Rs500cr in public sector banks (PSBs) to boost their capital. However, it will depend…
15 DEC 2015
IRDA wants banks to share ‘Bancassurance’ mis-selling responsibility
The trend of selling insurance products through commercial banks, or Bancassurance, may be at risk, as the Insurance Regulatory &…
20 OCT 2015
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…
02 JAN 2015
