Page 2 of Public Sector Banks

EEPFO, NABARD, IFCI, EXIM Bank, National Housing Bank, Sidbi, GDP

India’s effective sovereign debt overstated

The government issues SSGS, a non-tradable debt, to the Central Provident Fund (CPF) Board. The CPF Board mobilises citizens’ and…

October 22, 2024 05:00 IST

Bank SaaS: Is the opportunity real for VC investors?

The road ahead for bank SaaS is fraught with challenges. One of the most significant hurdles is the entrenched nature…

October 5, 2024 12:04 IST

Public Sector Banks lead the race in infrastructure bond issuances

According to the report, in comparison to private banks, government banks have more stable deposits and larger room to fund…

Updated: September 27, 2024 14:41 IST

Veefin makes third acquisition this year with digital lending platform EpikIndifi for Rs 125 crore

EpikIndifi is the third acquisition for the company since June this year in its efforts to expand into an end-to-end…

September 17, 2024 06:00 IST

SJVN, Maharashtra government, MoU, pumped storage projects, investment

Banks unable to sustain lending relationships with MSMEs profitably: FICCI-IBA report

The report Banking for a Viksit Bharat said there is an opportunity for lenders to use data including bank statements,…

September 6, 2024 16:56 IST

Delayed payments: RBI DG asks banks to deploy ‘supportive measures’ for MSMEs

While the government has put statutory provisions which entail penalties for delayed payments by buyers, the deputy governor said MSMEs…

August 22, 2024 16:46 IST

FM Sitharaman asks PSBs to ‘expeditiously implement’ Budget announcements for MSMEs

In the first full budget under the Modi 3.0 government, Sitharaman had announced that PSBs will lead the development of…

August 19, 2024 17:53 IST

Earn up to 8% interest on savings accounts: These 7 banks offering best rates – Detail inside

Earn up to 8% on savings accounts: These 7 banks offering best interest rates – Detail inside

Updated: April 19, 2024 11:24 IST

banks, indian banks, public bank, public sector bank, dfs, vivek joshi, banking

Banks asked to check mis-selling, safeguard account holders’ interest: DFS Secy

There have been instances where life insurance policies were sold to customers aged above 75 years in tier-II and III…

March 17, 2024 15:04 IST

key fact statement, rbi, reserve bank of india, shaktikanta das, msme loans, retail loans, lenders, regulated entities, msme credit, loan terms and conditions, fees and charges for loans

MSME stakeholders welcome RBI’s move to bring KFS to retail, MSME loans for enhanced transparency in lending

KFS enables borrowers to understand key information regarding a loan agreement, including the all-in-cost of the loan, in a simple…

February 8, 2024 18:57 IST

budget 2024, nirmala sitharaman, fisme, msme budget expectations, banks, foreclosure charges, rbi, reserve bank of india, bank loan rating, blr rating, bank guarantees, banking ombudsman, icici bank

Budget 2024: FISME seeks reforms to increase access to finance for MSMEs, highlighting alleged anti-competitive practices by banks

According to FISME, lack of competition in the banking sector (with 75 per cent of banks being in the public…

February 1, 2024 10:27 IST

Jefferies financial tour reveals resilient outlook amidst challenges in Indian banking sector

Jefferies found that the overall outlook for credit growth remains robust, despite a notable pullback in the unsecured personal loan…

Updated: December 13, 2023 09:10 IST

Rupee to hang around 82/$ on soft dollar, RBI intervention bets

With the RBI “at least on the face of it” capping the downside (on USD/INR) at 81.80-81.85 and the dollar…

Updated: July 18, 2023 08:54 IST

S&P raises assessment of Indian banking sector on “strong recovery”

India’s ‘Banking Industry Country Risk Assessment’, an indicator of an economy’s financial sector, has been raised one notch to 5…

Updated: June 27, 2023 09:25 IST

msme, msme loan, psb loan, government bank loans, mudra, cgtmse, cgss, startup loan, startup India, Indian startups, Punjab national bank, bank of maharashtra, msmeloans, easy loans, bank news, msme news, easy msme loans, msme loans for new business, no security loan, best loans

The Chamber of Indian MSMEs to launch a ‘matchmaking platform’ to connect MSMEs with banks for cost-effective capital

Credit and Finance for MSMEs: Many entrepreneurs seek loans, but they face difficulty in identifying the right bank or the…

Updated: May 17, 2023 19:40 IST

state-owned banks, stress testing, risks of failure, lenders, public sector banks, finance ministry. GDP, deposits, market share

Govt asks state-run banks to conduct more robust stress tests

The matter was reviewed at a March 25 meeting of the bank leaders with Finance Minister Nirmala Sitharaman, who met…

March 29, 2023 10:14 IST

What Modi Govt says on Pension, Dearness Allowance updation for Bank Employees

Pension Updation for Public Sector Bank (PSB) employees and retirees: No decision has been taken on the issue of neutralisation…

Updated: February 14, 2023 12:17 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

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What is TikTok’s Group 7? Sophia James’ viral trend explained

World News1 hr ago

The viral Group 7 trend, created by musician Sophia James to promote her new song, has taken over the internet. Through dividing viewers into groups and experimenting with the algorithm, James proved that success on social media cannot be guaranteed. This trend has become an “inside joke” and a “pride” among users, with even Netflix using it to promote its shows.

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