Public Sector Banks,

New Delhi: The Congress on Friday said the RBI action against the Punjab and Maharashtra Cooperative Bank of Mumbai is a systemic failure...Read More

New Delhi: Rating agency ICRA on Wednesday said profitability and return on assets (RoA) of public sector banks (PSBs) are likely to rema...Read More

The government last month announced the merger of 10 public sector banks (PSBs) into four strong lenders with countrywide networks

The Government has recently merged 10 Public Sector Banks (PSBs) into four larger PSBs in order to improve their efficiency. This step is...Read More

To enable a succession planning, the boards would decide on a system of individual plans for all senior executive positions

Finance Minister further said that the Bank of India and Central Bank of India would remain independent

A slide in oil prices and in US Treasury yields, saw sovereign bonds in India rallying on Monday after the Centre restrained itself from ...Read More

The Central Vigilance Commission (CVC) has constituted Advisory Board for Banking Frauds (ABBF) headed by former Vigilance Commissioner T...Read More

The Fitch Group company said it is time to re-evaluate the objectives of PSBs and their role in Indian economy

Finance Minister Nirmala Sitharaman on Friday announced that Rs 70,000 crore would be given to the public sector banks to boost their cap...Read More

New Delhi: Public sector banks (PSBs) have recovered close to Rs 1.2 lakh crore from stressed assets during the financial ended March, pr...Read More

Mumbai: In a move to further consolidate the public sector banks, Punjab National Bank (PNB) could take control of two or three small sta...Read More

New Delhi: The stake sale process for the grounded Jet Airways could hit the “substantial ownership and effective control” clause of the ...Read More