Search For "psu banks"
MSMEs will get collateral free loans of upto Rs 100 cr through a new cre
Updated : 1 year, 4 months ago IST
Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks.
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Deposit growth of banks will pick up from coming quarters: Axis Securities
Updated : 1 year, 7 months ago IST
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
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FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review
Updated : 1 year, 7 months ago IST
Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
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PSU banks' gross non-performing assets showed a declining trend over the l
Updated : 1 year, 7 months ago IST
The gross NPAs (GNPA) of SCBs have shown a declining trend over the past five yeaRs As of March 31, 2020, the GNPA stood at Rs 8,96,082 crore, with a GNPA ratio of 8.21 per cent. By March 31, 2021, this figure had decreased to Rs 8,35,051 crore (GNPA ratio of 7.33 per cent), and further down
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Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: D
Updated : 1 year, 8 months ago IST
Pandey said, "We have to do it through a two-stage bidding process, where in the first stage we bring Expression of Interest (EoI) and thereafter they are taken to due diligence. You have to negotiate the share purchase agreements, and then go for financial bidding. Before that, there could
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Sensex, Nifty open flat on Wednesday, day after setting fresh records
Updated : 1 year, 9 months ago IST
Among the sectoral indices at the National Stock Exchange, Financial Services, IT, Media, and Private Banks opened in green while sectors such as Auto, FMCG, Metal, Pharma and PSU Banks opened in the red.
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Finance ministry urges banks to enhance customer experience and financial
Updated : 1 year, 9 months ago IST
In a meeting in New Delhi on Tuesday, Department of Financial Services (DFS) Secretary Dr. Vivek Joshi chaired a review meeting where initiatives such as CKYC, the Jan Samarth portal, Aadhar seeding, and other relevant schemes were reviewed.
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Public Sector Unit banks still lead Indian banking landscape: SBI report
Updated : 1 year, 9 months ago IST
The Public Sector Banks (PSBs) in India holds a dominant position in the banking sector by accounting for more than 50 per cent of the banking business in terms of market share, branches, and Automated Teller Machines (ATMs), highlights a report by the SBI.
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Amid volatility, Sensex, Nifty close flat: Construction, automobile, and P
Updated : 1 year, 9 months ago IST
Despite the lackluster overall market performance, the Construction, Automobile, and Public Sector Undertaking (PSU) banks sectors were the standout performers.
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Proxgy launches 'Made in India' pocket sound boxes for FinTech & PSU B
Updated : 2 years, 7 months ago IST
New Delhi [India], August 4: Indian startup Proxgy (Everywhere as a Service Pvt. Ltd.) has introduced its latest creation, the AudioCube™ Mini, a pocket-sized sound box designed to cater to the needs of the FinTech sector and public sector banks. This compact device, which operates on
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Indian private banks occupy more TV news space over PSU banks
Updated : 2 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 16: Indian private sector lenders have been more vocal in their comments and opinions by occupying a lion's share in the visual media news space during April compared to their state-run cousins.
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Paul Merchants Finance gets a New Core Banking System from Sesame Software
Updated : 3 years, 6 months ago IST
Chandigarh [India], September 29 (ANI/PRNewswire): Sesame (A Speridian Co) was chosen as the transformation partner by Paul Merchants Finance and has successfully implemented its Beacon Loan Management System and digital lending solution at Paul Merchants finance Ltd.
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