You Searched For "PSBs" and got 20 results
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2 mins read
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
3 mins read
Markets reward PSBs, push up their market caps
Looking at the table in the article one can see that the benchmark indices saw a small decline i…
2 mins read
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…
1 min read
Indian government denies reports on PSBs withdrawing funds from abroad due to the Cairn dispute, and is strongly defending its stand in the dispute
The Indian government has denied reports that it has asked state-owned banks to withdraw funds from…
2 mins read
Public sector banks sanction loans worth ₹5.6 lakh crore in March and April, says Finance Minister Sitharaman
In a tweet, the office of Sitharaman said that the borrowers include MSMEs, retailers, farmers a…
1 min read
Economy needs support from PSBs: Union Bank chief
Recently, Oriental Bank of Commerce and United Bank of India were merged into Punjab National Bank,…
PTI
2 mins read
No job losses post merger of 10 PSBs: Govt
New Delhi, Dec 3 () The government on Tuesday assured the Rajya Sabha that merger of 10 public sect…
PTI
2 mins read
RBI optimistic about mergers creating global scale PSBs
It can be noted that the global tech giants like Google, Amazon, Whatsap/Facebook and domestic play…
PTI
1 min read
OBC, Syndicate Bank shares zoom; other PSBs too gain
The Union Cabinet on Wednesday approved amalgamation of 10 public sector banks, including Allahabad…
PTI
2 mins read
Amalgamation of 10 PSBs into 4 from April 1: FM Sitharaman
"Sticking to the April 1, 2020 deadline, banks are fully on board. The Cabinet may have given the …
PTI
1 min read
Employee unions hold dharna against reforms, consolidation in PSBs
New Delhi, Dec 10 () Employee unions of public sector banks on Tuesday held day-long dharna here op…
PTI
1 min read
Merger process major challenge for PSBs in near future: SBI chief
The four new set of proposed mergers included Punjab National Bank, Oriental Bank of Commerce and …
PTI
2 mins read
More than dozen PSBs announce COVID-19 emergency credit line
The quantum of loan is in the form of additional line of credit ranging from 10 per cent or higher…
PTI
2 mins read
Sitharaman to meet heads of PSBs to discuss credit situation, economy on Saturday
New Delhi, Dec 27 () Finance Minister Nirmala Sitharaman on Saturday will hold a meeting with heads…
PTI
2 mins read
Merged PSBs to ensure no disruption to credit flow, enhanced customer experience: FinMin
Following the merger, Punjab National Bank will become the country's second largest bank, with bus…
PTI
2 mins read
PSBs buy Rs 14,667 cr of bonds, CPs of 67 NBFCs under credit scheme
The Union Cabinet on May 20 approved the sovereign portfolio guarantee of up to 20 per cent of the …
PTI
1 min read
PSBs reported frauds of over Rs 95,700 cr in Apr-Sep
New Delhi, Nov 19 () Government owned banks reported frauds of over Rs 95,700 crore in the first si…
PTI
1 min read
BoM, SBI only PSBs rated 'good' in digital transactions in Dec: Govt data
Mumbai, Jan 30 () Bank of Maharashtra and State Bank of India are the only two state-run banks that…
PTI
1 min read
PSBs' financial health should be assessed by their ability to raise resources from markets: RBI
Mumbai, Dec 24 () The financial health of state-owned banks should be assessed by their ability to …
PTI
1 min read
PSBs hit by fraud cases of Rs 1.17 lakh cr in Apr-Dec: RTI
SBI reported 4,769 cases of banking frauds worth Rs 30,300 crore during the nine-month period ende…