Four PSBs involved in Aadhaar based fraudulent money withdrawal: Centre
The Centre admitted that there had been cases of fraudulent money withdrawal using Aadhaar numbers. In a recent reply to…
07 FEB 2018
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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
Shutdown loss-making branches: Finance Ministry directs public sector banks
In a bid to mellow down the rising menace of Non-Performing Assets (NPAs) in public sector banks, Ministry of Finance…
25 DEC 2017
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
TransUnion CIBIL Ltd — Digitising Systems for Future-Ready Banking
The BFSI sector in India has transformed swiftly in alignment with technology.The advancement could be possible as there were no…
23 JUL 2017
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
RBI’s ‘operation clean-up’ helps PSBs contain bad loans in Q1
The launch of “clean-up” operation by RBI Governor Raghuram Rajan has apparently started showing results, as some public sector banks…
16 AUG 2016
Better interest margins push Vijaya Bank Q1 profit up 13%
Public sector Vijaya Bank has reported a 13.37 per cent rise in net profit to Rs 161.66 crore for the…
23 JUL 2016
India Post bank ATMs may be allowed interoperability soon
India Post, which won licence to operate a payments bank last year, is likely to secure the Reserve Bank of…
12 JUL 2016
Bankers meet central agencies to discuss resolution of bad loans
The Reserve Bank of India (RBI) on Wednesday convened a meeting between public sector banks, Banks Board Bureau, Central Bureau…
16 JUN 2016
