Public sector Bank

Higher provisioning to push Public Sector Banks into red

Mumbai : Elevated provisioning for stressed loans may keep most public sector banks in the red in the current financial year and may also...Read More

Fraud in Non Performing Assets to land Public Sector Bank chiefs in trouble

Fraud in Non Performing Assets to land Public Sector Bank chiefs in trouble

New Delhi : In a stern warning to bankers, the Finance Ministry has asked chief executives of public sector banks (PSBs) to check all NPA...Read More

NPA: Missing sense of urgency

NPA: Missing sense of urgency

The largest public sector bank and the largest private sector bank have announced losses for the first quarter (Q1) of the financial year...Read More

Cash crunch could be superficial, says SBI

New Delhi: The State Bank of India (SBI) on Thursday said that the current and sudden surge in Currency in Circulation (CIC) could be sup...Read More

BBB seeks wider  mandate from govt

BBB seeks wider  mandate from govt

New Delhi : Expressing displeasure over lack of communication between Banks Board Bureau (BBB) and the finance ministry, Vinod Rai, forme...Read More

Congress latches on to the Modi name

Congress latches on to the Modi name

The only two things Prime Minister Narendra Modi and Nirav Modi — the businessman now at the centre of a huge scam involving a public sec...Read More

Mumbai: Fearing delayed reimbursement, banks wary of using own capital for Maha loan waiver

Mumbai: Learning a lesson from the farm loan waiver scheme in 2008, wherein the banks had to wait for three years before they were given ...Read More

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Next round of capital infusion in Public Sector Banks post Quarter 3 results

The Finance Ministry has set parameters for getting capital support. Those who fulfil the criteria post third quarter results would be el...Read More

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Bank union to protest against consolidation, government policies

New Delhi : A section of officers of the public sector banks (PSBs) under AIBOC will hold a ‘March-to- Parliament’ protest tomorrow again...Read More

Bank of Baroda ties up with UAE Exchange for instant money transfer

Dubai:  Bank of Baroda, a leading Indian public sector bank, has tied up with UAE  Exchange to offer an instant cash transfer facility to...Read More