Page 4 of PSU banks

“AMFIRS is aimed at providing financial relief from the government to the microfinance borrowers in the state to help them continue maintaining good credit discipline in Covid times,” it added.

Banks’ microfinance gross loan portfolio grows, SFBs see de-growth: Report

During the third quarter of FY21, the market share of banks and SFBs stood at 41.7% and 16.9%, respectively, in…

June 18, 2021 01:30 IST

Bank holidays in May 2021, Eid ul fitr, RBI

Banks to remain closed for up to 12 days in various states in May 2021; check full list here

Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals.

April 27, 2021 11:55 IST

In fact, lending rates rose 16 bps for private banks on an M-o-M basis.

Banks to remain closed on April 14 in these cities, open in these 7 states; check full list

Banks will remain closed in most of the states on Wednesday, 14 April 2021, on account of Dr. Babasaheb Ambedkar…

April 13, 2021 14:15 IST

Bank holidays 2021, bank holidays in April

Banks closed for up to 10 days in various states in April 2021; check complete list of holidays

Banks in India will remain closed for over 10 days in April 2021, including weekends and festivals. Only gazetted holidays…

Updated: April 2, 2021 15:06 IST

Union Budget 2021, TCS, ICICI Bank, PSU banks

TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW

Investment advisor Sandip Sabharwal tells that the biggest driver of the markets now is easy liquidity which needs to be…

February 11, 2021 12:28 IST

Nifty PSU Bank index tumbles over 1%, RBI warns of fall in asset quality post moratorium

Bank stocks were in focus today falling as much as 1 per cent after the Reserve Bank of India (RBI)…

December 30, 2020 10:50 IST

PSU bank, PSB, public sector banks, state lenders, psb profit, psu bank profits, psu bank profit q3

Are PSU banks set to become profitable this year after four years of losses?

All PSU banks recorded a net profit of Rs 507 crore in the first three quarters of FY2019-20.

March 2, 2020 15:30 IST

The exam is slated to take place on December 7, 8, 14 and 21, 2019.

IBPS recruitment 2019: Admit card now available at ibps.in; Check details

The Institute of Banking Personnel Selection (IBPS) has released a notification regarding issuing of hall tickets for the upcoming preliminary…

November 14, 2019 10:55 IST

Banking job, PSU bank, private banks, recruitment in banks

Top Heavy: Indian banks have more officers than clerks; how the situation changed in just 15 years

PSU banks still have more clerks and subordinate staff than officers whereas the role of clerks has completely diminished in…

September 17, 2019 22:59 IST

Privatisation of PSUs is also closely linked to the revival of India’s investment-cycle

PSUs on sale: Workers take to street to protest Modi govt’s privatisation bid

PSU Disinvestment: Central trade unions have opposed the Modi government’s proposal to shutdown the State Trading Corporation and Project &…

September 17, 2019 14:47 IST

finance minister, Nirmala Sitharaman, PSU bank, public sector banks, big bank merger, slowdown, steps to revive economy, slew of measures, GST council

Big bank theory: PSU banks to get CGMs as they look to expand footprint

Banking sector reforms: Modi government has empowered boards of public sector banks to create a new position of CGM to…

September 5, 2019 16:41 IST

PSU Bank Mega Merger, SBI, PNB, Bank of Baroda

Why PSU banks mega merger plan is good despite opposition from trade unions

In the second round of merger, 6 PSU banks will merge with 4 larger banks. The move is aimed at…

Updated: September 4, 2019 22:36 IST

Arun Jaitley meets PSB heads; wants to empower banks amidst NPA crisis: 5 key things FM said

Finance Minister Arun Jaitley on Monday met CEOs of public sector banks to discuss various key challenges facing the banking…

Updated: June 6, 2016 15:12 IST

State-run banks’ credit profiles at risk on heavy losses: Fitch

The credit profiles of state-run banks are under pressure following huge losses in the past two consecutive quarters which have…

May 31, 2016 18:21 IST

20 PSU banks’ loss stand at Rs 16,272 cr in Q4, should you invest in them?

The combined net loss of 20 public sector banks (PSB) stood at Rs 16,272.34 crore for the fourth quarter ended…

Updated: May 23, 2016 13:08 IST

5 PSU banks post Rs 6,751-cr loss in Q4 on bad loans, should you invest?

Bad loan mounts: Five public sector banks such as Bank of Baroda, UCO Bank, Central Bank of India, Allahabad Bank…

Updated: May 16, 2016 11:39 IST

PSU banks may face further stress on asset quality: Moody’s

Flagging “under-recognition” of bad loans by banks as a concern, ratings agency Moody’s said asset quality of the 11 rated…

April 17, 2016 12:52 IST

REC puts Rs 1,500 cr into AT-1 bonds of three PSU banks

Rural Electrification Corporation (REC) has invested R1,500 crore in the additional tier-1 (AT-1) bonds or perpetual bonds of Indian Bank,…

April 1, 2016 02:10 IST

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