Search For "psbs"
PSBs not going to raise bank charges in near future, says Finance Ministry
Updated : 5 years, 4 months ago IST
New Delhi [India], November 3 (ANI): The Ministry of Finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic.
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Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman
Updated : 5 years, 5 months ago IST
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
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SC dismisses plea seeking to direct PSBs to invoke personal guarantees of
Updated : 5 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The Supreme Court on Tuesday dismissed a petition seeking directions for the public sector banks to invoke personal guarantees of the defaulters by attaching their private properties.
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FM Nirmala Sitharaman unveils Doorstep Banking Services
Updated : 5 years, 6 months ago IST
New Delhi [India], September 10 (ANI): Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) on Wednesday, which will provide the convenience of banking services to the customers at their doorsteps.
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Government entities to adopt digital methods for materials hitherto using
Updated : 5 years, 6 months ago IST
New Delhi [India], September 2 (ANI): There is to be no activity towards printing wall calendars, desktop calendars, diaries, and other such material for use in the coming year by any Ministries/Departments/PSUs/PSBs and all other organs of the government and all such activity shall go digit
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 6 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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PSBs to purchase NBFC bonds/CPs worth Rs 14,667 cr under extended PCGS: FM
Updated : 5 years, 8 months ago IST
New Delhi [India], July 15 (ANI): Public sector banks have approved a plan for the purchase of bonds and commercial papers issued by 67 non-banking finance companies (NBFCs) amounting to Rs 14,667 crore under the extended Partial Credit Guarantee Scheme (PCGS), Union Finance Minister Nirmala
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Finance Ministry staff, allied institutions contribute Rs 430 crore to PM-
Updated : 5 years, 11 months ago IST
New Delhi [India], April 5 (ANI): The officers and staff of the Finance Ministry including the officials of Financial Institutions and Public Sector Banks/Enterprises (PSB) have contributed Rs 430 crore towards PM-CARES Fund to combat the coronavirus pandemic.
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No uncertainty over merger of PSBs: Nirmala Sitharaman
Updated : 6 years ago IST
New Delhi [India], Feb 26 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said there is no uncertainty over the merger of public sector banks (PSBs) and the process is going on as per the schedule.
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India's financial system remains stable despite weak growth but risks pers
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): India's financial system remains stable notwithstanding weakening domestic growth, said the Reserve Bank of India (RBI) while releasing December 2019 Financial Stability Report (FSR) here on Friday.
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Equity indices volatile, metals gain while PSBs drag
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 26 (ANI): Equity benchmark indices fluctuated between gains and losses on Thursday ahead of the expiry of December series futures and options (F&O) contracts.
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Cabinet approves 'Partial Credit Guarantee Scheme'
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to the Partial Credit Guarantee Scheme.
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