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Public Sector Banks Psbs
Business  /  Published 12.12.21

'Capital infusion unlikely'

The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has improved on the back of reduction in bad loans, sources sai...
By Our Bureau, PTI in New Delhi

Business  /  Published 26.08.21

Big rise in bank family pension pay

The Centre on Wednesday said the family pension of bank employees would be raised to 30 per cent of the last drawn salary of the deceased.  The spouse or a nominee of the deceased will get a mon...
By Our Special Correspondent in New Delhi

Business  /  Published 24.08.21

FM to meet CEOs of PSBs on Wednesday

Finance minister Nirmala Sitharaman will meet heads of public sector banks (PSBs) on Wednesday to review the financial performance of the lenders and progress made by them in supporting the pandemic-h...
By PTI, Our Bureau in New Delhi

Business  /  Published 26.07.21

3 PSU bank chiefs to get extension

The finance ministry has moved a file to extend the tenure of three public sector banks’ managing directors, including Punjab National Bank (PNB), according to sources. Besides, the sources sai...
By PTI in New Delhi

India  /  Published 16.03.21

Rahul Gandhi supports bank strike

...
By Our Bureau and Agencies in New Delhi

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Business  /  Published 11.01.21

RBI concerned over bank recap drive

The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and the finance ...
By PTI in New Delhi

Business  /  Published 21.12.20

CII's case for many bad banks

Public sector banks (PSBs) are planning to raise about Rs 25,000 crore through a mix of equity and debt in the next three months to support credit pick-up and meet regulatory requirement.  In th...
By PTI in New Delhi

Business  /  Published 14.12.20

Cash prop call in Q4

The finance ministry will take a call on the residual Rs 14,500-crore capital infusion in the public sector banks (PSBs) in the fourth quarter of this fiscal, sources said. Following the financial pe...
By PTI in New Delhi

Business  /  Published 03.11.20

No increase in bank charges, says ministry

The Finance Ministry on Tuesday said that there has been no increase in service charges by any public sector bank even as Bank of Baroda decided to withdraw changes made with regard to the number of f...
By Our Bureau and Agencies in New Delhi

Business  /  Published 10.09.20

Satchet-sized credit only way to survive: Acharya

SBI managing director Arijit Basu warned that banks should not solely focus on the retail segment as sluggish growth can impact this category of loans. “A complete shift to retail may not be in ...
By Our Special Correspondent in Mumbai


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