Public Sector Banks

Senior Citizens Tax-Saving FDs: सीनियर सिटिजन्स के लिए एफडी पर बेहतर रिटर्न, जानिए कौन सा बैंक दे रहा है 7.25% तक ब्याज

बैंक डिपॉजिट पर मिलने वाले ब्याज में आई गिरावट के बावजूद टैक्स सेविंग एफडी सीनियर सिट

Senior Citizens Tax-Saving FDs

Pandemic won’t deliver a big shock to banking system: Principal economic advisor Sanjeev Sanyal

He said as the government was opening up more and more avenues for private investments. The booming stock markets could be a source for meeting the financing needs through more equity participation.

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 the microfinance space. Between Q4FY20 and Q3FY21, NBFC-MFIs' market share stood almost the same at around 30%, w

“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.

सरकारी बेंकों ने निजीकरण में कर्मचारियों के हितों की होगी रक्षा, सरकार इसके लिए प्रतिबद्ध: निर्मला सीतारमण

वित्त मंत्री निर्मला सीतारमण ने कहा कि सार्वजनिक क्षेत्र के जिन बैंकों के निजीकरण की

finance minister nirmala sitharaman says bank employees interest will be protected after privatisation

At 20%, small finance banks have highest return on advances

According to an analysis of the key financial metrics of small finance banks (SFBs) by Care Ratings in comparisons to their public, private and foreign sector peers, these newest entities on the finance street are paying as m

At 20%, small finance banks have highest return on advances

Indian banks pursue UK bankruptcy order against Vijay Mallya

Mallya, meanwhile, remains on bail as the UK Home Office deals with a "confidential" legal issue before UK Home Secretary Priti Patel can sign off on his extradition sought by the Indian government, on charges of fraud and mo

vijay mallya extradition, vijay mallya loan default case, vijay mallya money laundering case

सरकारी बैंकों में अप्रैल-जून में हुई 19964 करोड़ रु की धोखाधड़ी, SBI में सबसे ज्यादा मामले

सूचना के अधिकार (RTI) के तहत मांगी गई जानकारी से यह खुलासा हुआ है.

Public sector banks reported frauds worth over Rs 19,964 crore in 2,867 cases during April-June of the ongoing fiscal year, RTI, RBI, PSBs

पब्लिक सेक्टर बैंकों की ‘डोर स्टेप बैंकिंग’ लॉन्च, ग्राहकों को घर बैठे मिलेंगी सभी सर्विस

यह पहल 'इन्हैंसड एक्सेस एंड सर्विस एक्सीलेंस (EASE) सुधारों का हिस्सा है, जिन्हें वित्तीय

Finance Minister Nirmala Sitharaman on Wednesday launched a doorstep banking services initiative by public sector banks, PSBs, वित्त मंत्रालय, सार्वजनिक क्षेत्र के बैंक, पीएसबी, पब्लिक सेक्टर बैंक, वित्त मंत्री, निर्मला सीतारमण, डोर स्टेप बैंकिंग

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 exam training call letters.

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

Increase coverage under Atal pension scheme: Govt to PSBs

Government has asked banks to take steps to increase coverage under the Atal pension scheme as lenders failed in meeting the sales target for the social security scheme in the last financial year.

Pension

India will have 8-10 “very competitive” state-owned banks after consolidation: Jayant Sinha

Jayant Sinha said India would have 8 to 10 "very competitive" state-owned banks after an ongoing consolidation phase, a sharp reduction from the 27 currently in existence.

Finance Ministry, Jayant SInha, assets fund, NIIF, Banks NPA, UPA government

Clean up banking sector, create 5 large, structurally unconstrained government-promoted banks

Clean up the sector, create five large, structurally unconstrained government-promoted banks.

Cumulative loss of 20 PSBs stands at Rs 14,283 crore

The cumulative loss of 20 public sector banks (PSBs) that have declared their Q4FY16 results as of Wednesday has crossed the $2 billion mark. In fact, at R14,283.5 crore, their losses put together, are more than the current m

Poor asset quality of PSU banks a risk to India’s sovereign rating: Moody’s

High corporate leverage poses systemic risks if adverse growth and financial conditions pressure borrowers' repayment capacity, Moody's said.

Moody's

India best among EMs; health of PSBs, corporates a worry: IMF

IMF's financial counselor Jose Vinals said that India is the best placed among emerging markets, but underlined that it has problems of its own which need to be dealt with.

IMF

‘High capital needs may hit PSBs’ growth, profitability in FY17’

Most public sector banks are likely to face pressure in terms of growth and profitability during FY17 owing to their high capital requirements, both from the government and the capital market, India Ratings said in a report o

PSBs must gear up to handle a big market

With increasing emphasis on ‘Make in India’, public sector banks should be prepared to support a market growing organically

indian rupee vs us dollar

PSBs don’t need to go to market in distress: Hasmukh Adhia

Hasmukh Adhia said that the finance ministry is working to strengthen fraud detection processes at PSBs.

Hasmukh Adhia, hasmukh adhia revenue secretary, revenue secretory hasmukh adhia,

Centre unveils public sector banks revamp road map

The government on Friday unveiled a seven-point revamp agenda for public sector banks with worrisome levels of stressed assets, the central theme of which was an assertion that their commercial decisions would be left largely

7th pay commission

Public sector banks to get Rs 20,088 cr capital in a month

The government on Friday said R20,088 crore of capital would be infused in 13 public sector banks (PSBs) in a month, as part of its four-year (FY16-FY19) plan to enable PSBs to create a safe buffer to meet Basel-III norms and

India expects state banks to raise $12.3 bn to boost balance sheets

The Indian government expects public sector banks would be able to raise 800 billion rupees ($12.31 billion) from the markets to strengthen their balance sheets, Financial Services Secretary Hasmukh Adhia said on Friday.

public sector banks

Govt seeks to give PSBs a Rs 70,000-crore lifeline in next 4 years

The government's current proposal is to infuse Rs 25,000 crore each in this fiscal and the next (the PJ Nayak committee had estimated PSBs' capital requirement at Rs 34,000 crore in FY16 and Rs 76,000 crore in FY17) and Rs 10

investment

Tax payers need to know how PSBs write-off bad loans: HC

According to information procured by RTI activist, Sanjay Shirodkar, around 14 PSUs such as SAIL, Coal India, and ONGC had showed more than Rs 7,500 crore as bad debts between 2006 to March 2012.

tax

PSUs, Central depts to get Rs 1 cr per MW to set up solar units

The projects have to be implemented by 2017 and the PSUs and ministries would be free to use the power so generated for either self-use or sell it to third party or discoms.

solar energy
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