public sector

Pension can be seized to pay maintenance to wife, rules Bombay High Court

Mumbai: In a significant ruling, the Nagpur bench of the Bombay High Court, last week held that pension of a former public servant or an ...Read More

Banks in no hurry to link with repo rates

Banks in no hurry to link with repo rates

New Delhi: Public sector banks seem to be in no hurry to follow big brother SBI in linking their deposit and lending rates to the RBI’s r...Read More

Canara Bank Q3 net jumps twofold

Canara Bank Q3 net jumps twofold

New Delhi: Public sector lender Canara Bank Monday reported over twofold jump in net profit at Rs 317.52 crore for December quarter 2018 ...Read More

Bhopal: Banking ops, postal services partially affected

Bhopal: Barring State Bank of India (SBI), employees of major banks, Public Sector Undertaking, BHEL, LIC, post office went on a 48-hour ...Read More

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State banks plan to raise Rs 50k-cr equity capital this fiscal

New Delhi : Public sector banks are planning to tap the markets to raise more than Rs 50,000 crore this fiscal to shore up their capital ...Read More

India everywhere at Davos, from billboards to platters

India everywhere at Davos, from billboards to platters

Davos: Its India everywhere in this snow-covered Swiss resort town — once known for health tourism, always frequented by skiing enthusias...Read More

Raghuram Rajan: Biggest challenge is to clean up balance sheets of PSBs

Chennai: Former RBI Governor Raghuram Rajan today said the biggest challenge is cleaning up the balance sheets of public sector banks. “R...Read More

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OBC income cap raised to Rs 8 lakh pa

New Delhi : The creamy layer ceiling for Other Backward Classes (OBC) candidates for securing government jobs was raised to Rs 8 lakh as ...Read More

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OBC to raise Rs1K cr

New Delhi : Public sector lender Oriental Bank of Commerce plans Tuesday said it will raise up to Rs 1,000 crore by issuing Basel III com...Read More

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3 insurers file IPO papers in 3 weeks, may fetch Rs 20K cr

New Delhi : In less than three weeks, three insurance firms, including HDFC Standard Life, have filed draft papers for IPOs that together...Read More

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12 PSBs to raise funds from mkt

New Delhi : As many as 12 public sector banks including PNB, Bank of India and Indian Bank have lined up plans for raising funds from mar...Read More

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RBI refuses to disclose list of loan defaulters

New Delhi : The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an or...Read More

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India to clock 7.1% GDP this year and 7.5% in 2018: UN

United Nations : India is expected to clock 7.1 per cent growth this year before edging up to 7.5 per cent in 2018, according to a UN rep...Read More

Bhopal: BHEL celebrates Public Sector Day

Bhopal: BHEL celebrates Public Sector Day

BHOPAL: Under the aegis of Standing Conference of Public Enterprises (SCOPE), ‘Public Sector Day’ is celebrated every year on April 10 to...Read More

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Bhopal: It was wrong to hand over recruitment to Vyapam says CAG

BHOPAL: The Comptroller and Auditor General of India (CAG) has described as ‘unconstitutional’, the state government’s decision to handov...Read More

BOI sells entire 5% stake in TransUnion CIBIL for Rs 190.62 cr

New Delhi: Public sector lender Bank of India (BOI) has sold its entire 5 per cent stake in credit information firm TransUnion CIBIL Ltd ...Read More

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Bhopal: Government should act tough against willful defaulters

BHOPAL: “Public sector banks have always been underestimated even when 96.5 per cent of Jan Dhan accounts have been opened in public sect...Read More

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Consolidation in PSU banks a long drawn process: Rai

New Delhi : Terming consolidation in public sector banks a “long drawn process”, Banks Board Bureau (BBB) chief Vinod Rai said it should ...Read More

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Demonetisation: 27 senior PSU bankers suspended

New Delhi : In a major crackdown on bank employees involved in irregularities post demonetisation, as many as 27 senior officials of vari...Read More

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Cabinet gives in-principle nod for strategic sale of PSUs

New Delhi : The Union Cabinet today gave in- principle approval to Niti Aayog’s proposal for strategic sale in over a dozen public sector...Read More