You Searched For "PSB" and got 15 results
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6 mins read
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Union Bank of India stock price is up by 60.8 per cent over the last month among the PSU bank st…
1 min read
IDBI Bank union wants govt assurance on PSB-type job benefits
Mumbai, Feb 1 () Hours after Finance Minister Nirmala Sitharaman announced plans to sell the govern…
PTI
1 min read
PSB employee unions in UP join two-day strike, services hit
Lucknow, Jan 31 () Customers of public sector banks in Uttar Pradesh faced troubles on Friday with …
PTI
2 mins read
India’s finance ministry claims that state-owned banks will recover 20% of their bad loans this year
While a number of large accounts are expected to be resolved under the Insolvency and Ban…
2 mins read
The chairman of India’s largest bank has said that it shouldn’t absorb any more banks
SBI is India’s largest bank, holding a little under a quarter of all the assets in the banking…
2 mins read
India’s government is merging three state-owned lenders to create one of the country’s largest banks
The problems plaguing India’s public sector banks are well known. In addition to poor governance,…
1 min read
PSB NPAs likely to rise 2-4 pc points; may push govt to recapitalise via RBI reserves, bonds: Report
Asserting that such a move does not entail a moral hazard, it elaborated saying PSU banks can heal …
PTI
2 mins read
India's largest bank is shutting down some international branches to save money
However, instead of exiting countries completely, SBI will mostly cull branches in countries w…
1 min read
Government is working on a rescue plan for state-run banks buried under NPAs
Indian government is preparing a contingency plan so that it can help state-run banks in case they …
1 min read
Bad loans being formed at a slower pace now, says RBI
He added that most of the banks are adequately capitalised and would be helped by the government in…
1 min read
Assocham predicts bank strike to affect transactions worth Rs 15,000 crore
Around 10 lakh employees observed a strike today, hitting services at around 80,000 branches in the…
1 min read
This is crazy. Public Sector Banks just wrote-off a whopping Rs 1.14 lakh cr in bad debt accumulated over 3 years
This was more than the amount written off in the previous nine financial years. "The public sector…
3 mins read
Nifty50, Sensex extend losses for the third straight session – Easy Trip Planners, Bank of Maharashtra top gainers; Cochin Shipyard top loser
India’s benchmark indices Nifty50 and Sensex extended their losses for the third consecutive day, w…
3 mins read
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
4 mins read
Tamil magazine editor S. Gurumurthy 'pressurised' to take up RBI Board position
As a post script in his email, Gurumurthy told Venkatachalam: "You all think that me being in the R…