Search For "psb"
Meeting on power sectors' stressed assets in pipeline: Sources
Updated : 7 years, 9 months ago IST
New Delhi [India], June 12 (ANI): A top government official has said that a stakeholder meeting to discuss stressed assets in the power sector is expected to take place later this month.
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Shaktikanta Das endorses formation of 'holding company' for PSBs
Updated : 7 years, 10 months ago IST
New Delhi [India], April 25 (ANI): Former economic affairs secretary Shaktikanta Das claimed that it was time to set up a 'holding company' for public sector banks (PSBs), in the wake of the recent economic reforms.
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Govt releases Rs.120.92Cr as co-contribution towards Atal Pension Yojana
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 17 (ANI): The Centre on Tuesday announced the release of Rs. 120.92 crores towards its Atal Pension Yojana scheme.
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RBI issues corrective framework for PSBs
Updated : 7 years, 12 months ago IST
New Delhi [India], Mar. 17 (ANI): Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
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No unauthorised LoUs issued, except one incident: SBI official
Updated : 8 years ago IST
New Delhi [India], Mar 15 (ANI): The State Bank of India (SBI) officials on Thursday reiterated the fact that except for the one-off incident involving Punjab National Bank (PNB), no unauthorised Letters of Undertakings (LoUs) have been issued by public sector banks (PSBs).
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Passport details compulsory against loans higher than Rs 50cr
Updated : 8 years ago IST
New Delhi [India], Mar. 10 (ANI): In the wake of recent scams unearthed in the banking sector, the Centre on Saturday directed public sector banks (PSBs) to collect passport details of new borrowers seeking to avail loans higher than Rs 50 crore.
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Collusive corruption common at PSBs: Survey
Updated : 8 years ago IST
New Delhi [India], Mar. 9 (ANI): In the backdrop of the recent scams reported in the banking sector, citizens have flagged concern on various aspects of business-banker nexus and the gaps that exist, particularly of collusive corruption existing among (PSBs).
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ASSOCHAM recommends extension of Aadhaar linkage with bank account
Updated : 8 years ago IST
New Delhi [India], Mar 4. (ANI): In the wake of the banking scams unearthed in the recent past, the ASSOCHAM opined that public sector banks, in particular, may find it challenging to complete the task of linking Aadhaar with the accounts of all customers by March 31, and therefore called fo
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Centre directs PSBs to consolidate 35 overseas operations
Updated : 8 years ago IST
New Delhi [India], Mar. 2 (ANI): In the wake of the recent banking scams reported, the government has directed public sector banks (PSBs) to consolidate nearly 35 overseas operations without affecting the banks' international presence in these countries.
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PSBs given deadline to identify security gaps, operation risks
Updated : 8 years ago IST
New Delhi [India], Feb. 27 (ANI): Financial Services Secretary Rajiv Kumar on Tuesday gave a 15-day deadline to the public sector banks (PSBs) to take "pre-emptive" action for identifying gaps and to gear up for rising operational and technical risks.
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CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
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Capital infusion reaffirms Centre's trust in PSBs: IOB
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
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