Govt appoints 12 general managers as executive director of various PSBs
The Appointments Committee of Cabinet named 12 general managers as Executive Directors (EDs) of various Public Sector Banks (PSBs), on…
09 OCT 2023
Public Sector Banks (PSBs)
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Public Sector Banks (PSBs)
PSU’s profit over doubles to Rs 34,774 cr in April-June quarter
Public sector banks (PSBs) delivered spectacular results in the first quarter ended June 2023. The banks earned a cumulative profit…
07 AUG 2023
Public sector bank’s total profit exceeds Rs 1 trillion in 2022-23
Public sector bank’s cumulative profit surpassed Rs 1 lakh crore in the fiscal year ending March 2023, with market leader…
23 MAY 2023
Union Bank of India ranks second in EASE reforms
Union Bank of India is rated the second best bank in terms if implementing reforms mandated for public sector banks,…
11 NOV 2022
15 PSBs declare COVID-19 emergency credit line
Over a dozen public sector banks have declared a COVID-19 Emergency Credit Line in a bid to deal with the…
27 MAR 2020
Banks to meet on Sep 4 to discuss merger; SBI and BoB to share experiences
Leaders from ten Public Sector Banks (PSBs) are all set to meet on September 4 in Mumbai to discuss the…
02 SEP 2019
PSBs merger to help reach $5 trillion economy target: Finance Secretary
The Centre’s decision to amalgamate ten Public Sector Banks (PSBs) into four mega state-owned lenders will act as a catalyst…
02 SEP 2019
RBI Governor meets PSBs executives to enquire delay in lowering lending rates
The Reserve Bank of India (RBI) Governor Shaktikanta Das has questioned all the public sector banks (PSBs) for not reducing…
26 JUL 2019
RBI penalises 4 banks for non-compliance
The Reserve Bank of India (RBI) has penalised four Public Sector Banks (PSBs) by imposing monetary penalty on them. The…
04 MAR 2019
PSBs merger will not cause job loss: Finance Minister Arun Jaitley
Amalgamation of Public Sector Banks (PSBs) will not result in loss of jobs, said Union Finance Minister Arun Jaitley in…
05 JAN 2019
