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Public Sector Banks News

Operations in some public sector banks likely to be hit on Saturday as union members to go on strike

If the strike materialises, a certain section of the Bank’s employees may participate in strike on the said date, in…

Updated: November 17, 2022 4:01 pm

PSBs, Public Sector Banks, SBI, State bank of India, Nirmala Sitharaman, Banking news

PSBs’ operating profits get fee income boost in Q2FY23

Union finance minister Nirmala Sitharaman on Monday said that the 12 PSBs reported a 50% jump in combined net profit…

November 9, 2022 3:15 am

Stocks to buy, diwali 2022, stock market, oem

Stocks to buy: Large private sector banks, auto OEMs among top Diwali bets, outlook bullish on strong growth

With index multiples running close to 20x times (on a trailing basis) and avenues for triggering earnings upside remaining limited,…

October 23, 2022 11:27 am

travel now pay later, offere, banks, fintech companies, six-month, interest free loan,

Gone with the loan: ‘ट्रैवल नाउ पे लेटर’ स्कीम से अपने घूमने के सपने को करें साकार, जाने स्कीम से जुड़े फायदे

‘ट्रैवल नाउ पे लेटर’ के जरिए अब आप बिना किसी टेंशन के चाहे तो मालदीव के बीच की सैर करें…

October 2, 2022 8:34 pm

एजुकेशन लोन का NPA सबसे ज्यादा, बढ़ रहे डिफॉल्ट के चलते बैंक सतर्क

जून महीने के अंत तक बकाया एजुकेशन लोन लगभग 80,000 करोड़ रुपये था.

Updated: September 25, 2022 6:28 pm

Adani group says not overleaveraged, loans from public sector banks halved

In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have…

September 7, 2022 9:35 am

बैंकों के निजीकरण पर RBI की सफाई, कहा-हमारे बुलेटिन के लेख में लेखकों के निजी विचार

RBI के मुताबिक उसकी प्रेस रिलीज में साफ कहा गया है कि निजीकरण के मामले में धीरे-धीरे कदम बढ़ाने की…

Updated: August 20, 2022 12:44 am

RBI Bulletin: सरकारी बैंकों का धुआंधार निजीकरण ठीक नहीं, फायदे से ज्यादा होगा नुकसान

Reserve Bank Of India ने अपने ताजा बुलेटिन में कहा, सरकारी बैंकों का एकमात्र मकसद मुनाफा बढ़ाना नहीं होता, PSBs…

August 18, 2022 8:54 pm

Government ceding control could impact PSBs’ credit profile, ratings: India Ratings

The government’s ceding of ownership and control of public sector banks (PSBs) could have significant implications for their credit profile,…

August 17, 2022 6:34 pm

bank of maharastra Tops List Of PSU Lenders In Q1 Loan

बैंक ऑफ महाराष्ट्र का अच्छा प्रदर्शन, लोन और डिपॉजिट ग्रोथ के मामले में सभी सरकारी बैंकों से आगे

BOM Performance: बैंक ऑफ महाराष्ट्र ने जून में खत्म तिमाही के दौरान लोन, एडवांस और NPA के मामले में शानदार…

Updated: August 12, 2022 6:45 pm

When will we discuss loan waivers to big corporates? Congress hits back at PM over remarks on freebie culture

Of the Rs 9.92 lakh crore loan written off by banks in the last five years, Rs 7.27 lakh crore…

Updated: August 12, 2022 3:24 pm

CVC-constituted panel ABBFF gives advice on 139 bank fraud cases

Headed by former Vigilance Commissioner (VC) T M Bhasin, ABBFF was set up in August 2019, by the Central Vigilance…

August 11, 2022 2:52 pm

Profit of public sector banks rises 9 pc to Rs 15,306 crore in April-June

The highest percentage growth was recorded by Pune-based Bank of Maharashtra which earned a profit of Rs 452 crore against…

August 9, 2022 8:15 pm

Bank holidays August 2022, Muharram, Raksha Bandhan

Bank Holidays August 2022: Banks to open on Muharram, Raksha Bandhan in these cities, check list

Banks across the country will observe a holiday on Monday, 15 August 2022, to celebrate the occasion of Independence Day.

August 9, 2022 10:06 am

Banks, Indian Banks, Public Sector Banks, Modi Govt, Parliament, Monsoon Session

Is Modi govt planning to introduce Bill on banks’ privatisation in Monsoon Session? Minister replies

As per list of business for monsoon session 2022 of the Parliament, no such bill has been listed for introduction,…

Updated: August 2, 2022 9:08 pm

Bank holidays, bank holidays august 2022, independence day

Bank Holidays in August 2022: Banks closed for up to 18 days in various cities in August; check list

Banks in India are likely to be shut for up to 19 days in August 2022, including second and fourth…

July 28, 2022 3:02 pm

banks, private sector banks, public sector banks

53 years of bank nationalisation: Time to bid adieu to public-sector Banks?

The market cap of HDFC Bank alone is more than that of all PSBs put together. But the immense social…

July 19, 2022 10:15 am

FM Nirmala Sitharaman directs PSBs to onboard accounts aggregator system

In a meeting with chiefs of various public-sector banks (PSBs) and regional rural banks (RRBs) here, the minister also asked…

Updated: July 8, 2022 9:15 am

The move is also expected to reduce the burden on Dipam, which could now focus on privatisation of holding companies or parent CPSEs.

More functional autonomy: Central Public Sector Enterprises to get powers to offload subsidiaries, exit joint ventures

Currently, there are about 380 PSEs (including subsidiaries), 20-30% of which may be closed for being sick or unviable. The…

May 19, 2022 4:15 am

RBI to review credit flow, asset quality of public sector banks tomorrow

The meeting comes amid apprehensions that the central bank may be forced to go for another round of aggressive rate…

May 16, 2022 5:30 am

Bank Holidays in May 2022: Banks closed for up to 11 days in various cities in May; check list here

Bank Holidays in India 2022, List of Bank Holidays in May 2022: Banks in India are likely to be shut…

April 28, 2022 12:24 pm

Bank Of India To Raise Equity: 2500 करोड़ के नए शेयर जारी करेगा बैंक ऑफ इंडिया, बोर्ड ने दी प्रस्ताव को मंजूरी

Bank of India ने नए इक्विटी शेयर जारी करने का फैसला अपनी पब्लिक शेयरहोल्डिंग को बढ़ाकर 25% करने के इरादे…

April 25, 2022 8:54 pm

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The Financial Express: India’s Best Bank Awards 2022

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