Page 2 of Public Sector Banks

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

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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

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

Banks, RBI, Reserve Bank of India, credit growth, credit card, UPI, Banking

Past perfect, future uncertain: RBI

The main concerns are global headwinds brewing on account of continuing geopolitical tensions, tighter monetary and liquidity conditions and potential…

December 28, 2022 05:45 IST

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 16:01 IST

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 03:15 IST

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 IST

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 09:35 IST

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New Zealand visa application, visa police certificates, visa Regional Passport Office, Indian Ministry of External Affairs, Immigration New Zealand

New Zealand issues new rules for Indian national visa applicants

GST cut backfired? your health insurance premium may go up by up to 5 pc, says report

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Last DA hike in 7th Pay Commission: Central govt employees set for salary boost ahead of Diwali – Check likely increase

‘I think Doral will be the best location’: Trump names own resort for 2026 G20 summit

World News38 min ago

Trump has chosen his Doral golf club near Miami to host the 2026 G20 summit, sparking concerns about conflicts of interest and ethical violations. His properties have been a source of controversy in the past, and the Doral property was among those vying to host the event.

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