Page 2 of PSU banks

Govt has asked nationalised banks to prematurely retire underperforming employees? Here’s what FinMin says

Govt clarifies performance review norms for bank employees. Learn more about criteria and directives involved!

December 12, 2024 16:21 IST

Up to Rs 2 crore loan and integrated savings account for students – Karnataka Bank launches 2 innovative products

With a view to empower the younger generations and contribute to India’s growing knowledge economy, Karnataka Bank Ltd announced the…

November 22, 2024 16:32 IST

Public sector banks underperformers amid asset quality, valuation woes

The Nifty PSU Bank index is down around 5% in September, on top of a 5.6% decline in August.

September 10, 2024 11:10 IST

PNB adds new features to its WhatsApp banking services – Check out these new facilities

PNB has introduced new WhatsApp features allowing customers to download account statements and interest certificates. These additions enhance PNB’s growing…

August 26, 2024 19:30 IST

training in technology and finance, msme credit, banks, digital technology, ecommerce, blockchain, ondc, fintech, profit and loss, balance sheet, PSBs mudra loan, vyapar credit card, account aggregators

Why a targeted training in tech and finance for MSMEs is critical

It is now well documented that the credit gap in the MSME sector is estimated at around Rs 20-25 lakh…

September 16, 2023 13:00 IST

banking, finance, banking and finance, industry news, indian economy, public sector undertakings, psu

Large PSU banks step up lateral hirings from pvt sector; aim at improving tech prowess, bring specialised talent on board

Karnatak’s bank has just hired former Standard Chartered Bank official Yusuf Roopawalla as its new Chief Technology Officer at market-related…

August 17, 2023 00:30 IST

Nifty PSU Bank index jumps nearly 3% today, SBI among preferred stocks; check credit growth outlook

All the banking and non-banking indices such as Nifty PSU Bank, Nifty Financial Service, Bank Nifty and Nifty Private Bank…

July 4, 2023 14:39 IST

Bank Nifty, Fin Nifty, PSU Bank, Private Bank indices jump; where are banking stocks headed? Check outlook

Nifty Bank jumped 275.65 points or 0.63% to 43,719.25, Nifty Financial Services surged 129.25 points or 0.67% to 19,357.90, Nifty…

June 16, 2023 11:19 IST

rbi, reserve bank of india annual report, rbi annual report, bank credit to msmes, msme loans, scbs, bank loans to small businesses, central bank, msme credit gap, account aggregator, aa framework

Bank credit to MSMEs jump 14% YoY in Apr-Dec FY23; micro units major beneficiaries: RBI annual report

Credit and finance for MSMEs: 45 per cent of the total loan amount to MSMEs in FY23 (till December) was…

May 30, 2023 13:56 IST

FinMin wants PSU banks to enhance recovery rate from written-off accounts to about 40 pc

Public sector banks (PSBs) could recover only 14 per cent of the written-off loans worth Rs 7.34 lakh crore in…

May 1, 2023 16:05 IST

banking apps, Soft point-of-sale, Banking, Industry, digital banking, Bank of Baroda

Soft point-of-sale terminals: A hotbed of innovations

According to him, integrating the mobile banking apps with soft PoS will eliminate the need for merchants opting to avail…

April 24, 2023 05:00 IST

PSU banks set target for selling flagship govt insurance schemes in FY24

There are about 8.3 crore beneficiaries under PMJJBY and 23.9 crore under PMSBY, as of now.

Updated: April 16, 2023 15:58 IST

FM Nirmala Sitharaman likely to meet CEOs of PSU Banks on Saturday

The meeting is going to take stock of the progress made by banks in achieving targets set for the various…

Updated: March 23, 2023 12:59 IST

Banks to remain closed for 10 days in February 2023; Check full bank holiday list here

Bank Holidays: Indian Banks will remain closed for ten days in February 2023 including second and fourth Saturdays, as well…

January 30, 2023 12:44 IST

PSBs have 30% exposure to Adani Group debt: CLSA

The brokerage pegged the group’s consolidated debt at Rs 2.1 trillion, aggregating the consolidated debt of the top five companies…

Updated: January 27, 2023 07:33 IST

Bank Holidays 2023 January bank holidays, bank closed

Banks to remain closed for 14 days in January 2023; Check full bank holiday list here

Bank Holidays: Indian banks will remain closed for 14 days in January 2023 including the second and fourth Saturdays, as…

Updated: January 2, 2023 14:15 IST

Loans, FD, Banks, Finance, RBI, Bank loans, Banking, Industry

Loans against FDs a hit among borrowers

As far as borrowers are concerned, the interest rate on loans against deposits are typically 3-5% lower than that on…

December 29, 2022 01:30 IST

Government raises maximum tenure of PSU banks’ CEO to 10 years

As per a government notification dated November 17, 2022, the term for the appointment has been extended to 10 years,…

Updated: November 18, 2022 12:52 IST

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What’s ‘Whiteness pandemic’? Minnesota University urges White parents to ‘re-educate’ kids

World News55 min ago

The University of Minnesota’s Culture and Family Lab has faced backlash for calling ‘Whiteness’ a “pandemic” and urging White parents to “re-educate” their children. This initiative aims to promote diversity and inclusion by providing teachers with materials on topics like Black Lives Matter and defunding the police.

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