Search For "psb"
Public sectors banks disburse Rs 2.53 lakh crore loans in October
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): Union Ministry of Finance on Thursday said that Public Sector Banks (PSBs) have disbursed loans to the tune of Rs 2.53 lakh crore during October under the 'Customer Outreach' initiative.
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Centre informs parliament about infusion of capital to PSBs
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 19 (ANI): In addition to capital infused earlier by the Government, provision of Rs 70,000 crore has been made for infusion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy, the Finance Min
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India's banking crisis frightening, need to reduce government's equity sha
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 22 (ANI): Nobel laureate Prof Abhijit Banerjee on Tuesday termed the banking crisis in India as frightening and stressed the need for reducing the government's equity share in public sector banks (PSBs) below 50 per cent.
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All-India bank strike on Oct 22 against merger of PSBs
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 20 (ANI): All India Bank Employees Association (AIBEA) and Bank Employees Federation of India (BEFI) have called for a strike across the country on October 22 to stage a protest against the mergers of 10 public sector banks (PSBs).
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4 lakh banking personnel to strike work on Sept 26-27 to protest against m
Updated : 6 years, 5 months ago IST
Chennai (Tamil Nadu) [India], Sept 21 (ANI): Around four lakh bank employees throughout the country are set to strike their works on September 26-27 to protest against the merger of public sector banks.
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Boards of 10 PSBs accord in principle approval to their merger: Sitharaman
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 19 (ANI): The boards of all ten banks whose merger was announced last month have accorded in-principle approval to the proposals, said Finance Minister Nirmala Sitharaman on Thursday.
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RTI activist claims 2,480 cases of fraud in PSBs involving over Rs 31,800
Updated : 6 years, 6 months ago IST
Neemuch (Madhya Pradesh) [India], Sept 10 (ANI): An RTI activist from Neemuch town of the Malwa region has claimed that a total of 2,480 cases of fraud in public sector banks involving more than Rs 31,800 crore have been registered in the first quarter of current financial year 2019-20. Read More
Execution remains key in amalgamation of public sector banks: Ind-Ra
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 4 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday the amalgamation of 10 public sector banks (PSBs) along with implementation of specific measures on governance reforms could improve their performance on a sustainable basis, subject to the succ
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PSU Bank index falls 3.7 pc after merger plan, PNB and Canara Bank stocks
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 3 (ANI): Shares of public sector banks (PSBs) traded under pressure on Tuesday after the government last week unveiled a mega-plan to merge 10 of them for creating four stronger lenders with countrywide networks and global reach.
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Protest in Bengaluru, Ahmedabad against bank merger
Updated : 6 years, 6 months ago IST
Bengaluru (Karnataka)/Ahmedabad (Gujarat) [India], Aug 31 (ANI): Union government's decision to merge 10 public sector banks to create four entities has irked many bank workers who were seen staging protests in different cities on Saturday.
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Finance Secretary dispels fears of job losses after merger of 10 PSU banks
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The merger of 10 public sector banks (PSBs) to form four big lenders will create more jobs and not lead to any retrenchment as being claimed by some trade unions, Finance Secretary Rajiv Kumar has said.
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Congress terms latest GDP figures as dismal, disappointing
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): Congress on Friday said that the latest GDP figures which show growth rate at 5 per cent were "dismal and disappointing" and accused the government of indulging in "headline management" instead of addressing the structural issues ailing the economy.
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