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
public sector banks
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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
Cabinet okays merger of 5 associate banks with SBI
Putting all speculations to rest, Union Cabinet on Wednesday approved the takeover by country’s largest lender—State Bank of India (SBI)…
16 JUN 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
1.25 lakh post offices to get ATMs, says minister
Work is on to install autimated Teller Machines (ATMs) and micro ATMs at over 1.25 lakh post offices across the…
18 DEC 2015
Jaitley tells PSBs to fix defaults, clean balance sheet
The Union Finance Minister Arun Jaitley has said that the Public Sector Banks (PSBs) have made great contribution in rebuilding…
24 NOV 2015
FM to review Public Sector Banks’ performance
The Union Finance Minister Arun Jaitley is going to review the performance of Public Sector Banks (PSBs) in a meeting…
23 NOV 2015
