Search For "psb"
Bank recapitalisation significant to address growth capital requirements:
Updated : 8 years, 4 months ago IST
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
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Arun Jaitley unveils 'Bharat 22' Index; to be rebalanced annuall
Updated : 8 years, 6 months ago IST
New Delhi [India], August 4 (ANI): Finance Minister Arun Jaitley on Friday unveiled a new Exchange Traded Fund (ETF), Bharat 22, consisting of 22 stocks of Central Public Sector Enterprises (CPSE), Public Sector Banks (PSB) and strategic holding of Specified Undertaking of Unit Trust of Indi
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YES BANK, OPIC and Wells Fargo tie-up to support women entrepreneurs, SMEs
Updated : 8 years, 6 months ago IST
New Delhi [India], July 14 (ANI): India's largest Private Sector Bank (PSB) YES BANK on Friday announced its tie-up with Overseas Private Investment Corporation (OPIC), the U.S. Government's Development Finance Institution, and Wells Fargo on an agreement to increase lending to sma
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Jaitley to meet PSB chiefs today to assess NPA situation
Updated : 8 years, 6 months ago IST
New Delhi [India], June 12 (ANI): Finance Minister Arun Jaitley is scheduled to meet the heads of the Public Sector Banks (PSBs) on Monday to discuss the current situation of non-performing assets (NPAs) and the measures being taken to recover voluminous bad loans worth over Rs six lakh cror
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PSBs record decline in NPA recovery
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb. 7 (ANI): Minister of State in the Ministry of Finance, Santosh Kumar Gangwar, revealed in Rajya Sabha on Tuesday that Public Sector Banks (PSB) recorded a moderate decline of Rs. 2,556 Crore in recovery of Non-Performing Assets (NPA).
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PSBs need equity worth about Rs. two lakh crore by March 2019
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 12 (ANI): The real estate investment trusts (REITs) and infrastructure investment trusts (InvITs) can help raise close to Rs. 50,000 crore in the near term given the interest shown by certain players in the infra and real estate space, noted a recent ASSOCHAM-Crisil jo
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Attractive compensation package to recruit best professionals for PSBs on
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan 5 (ANI): The Banks Board Bureau is working on a fairly attractive compensation package including elements of bonus, employee stock ownership plans (ESOPs), non-monetary perks and others at all management levels as part of corrective steps to ensure that best of profess
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PSBs to levy service tax to IMPS, UPI on NEFT transactions above Rs. 1000
Updated : 8 years, 6 months ago IST
New Delhi [India], Dec 21 (ANI): In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of India (RBI) has recently rationalized customer charges for transactions up to Rs. 1000 settled on Immediat
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Sports Ministry to today convene meeting with PSUs, PSBs
Updated : 8 years, 6 months ago IST
New Delhi [India], Nov. 24 (ANI): The Sports Ministry will today convene a meeting of major Public Sector Undertakings (PSUs) and Public Sector Banks (PSBs) in the national capital to discuss ways and chalk out strategies to promote sports in the country.
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Mergers no quick fix for public sector banks; they need autonomy, says ASS
Updated : 8 years, 6 months ago IST
New Delhi [India], Sep 21 (ANI): Asserting there are no quick fixes for grave problems facing the public sector banks, mainly centered around close to Rs. five lakh crore non-performing assets, ASSOCHAM President Sunil Kanoria today said a paper brought out by the chamber clearly suggests me
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Jaitley hopes PSBs are able to transmit cuts in policy rates by RBI
Updated : 8 years, 6 months ago IST
New Delhi [India], Sept. 16 (ANI): Finance Minister Arun Jaitley on Friday expressed hope that the public sector banks would tighten up to a point where they are able to transmit cuts in policy rates by the Reserve Bank of India (RBI).
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RBI Governor calls levelling imbalances in PSB staff pay scales
Updated : 8 years, 6 months ago IST
Mumbai, Aug.16 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday appealed to the government to take steps to ensure a levelling of imbalances in pay scales in public sector banks (PSBS) to ensure greater fiscal efficiency and effectiveness.
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