Search For "public sector bank"
After Centre's four R's strategy, banks recovered Rs 5,01,479 crores in pa
Updated : 4 years, 8 months ago IST
New Delhi [India], September 16 (ANI): In the last six financial years, after the Centre's four 'Rs' strategy (Recognition, Resolution, Recapitalisation and Reforms) was executed, banks have recovered Rs 5,01,479 crores, said Union Finance Minister Nirmala Sitharaman on Thursday.
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Public Sector Banks report healthy profits, accelerated technology-driven
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], August 25 (ANI): The Union Finance Ministry on Wednesday informed that public sector banks have reported healthy profits and have accelerated on technology-driven reforms.
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WWB, Bank of Baroda report recommends 'Jan Dhan Plus' to catalyse formal s
Updated : 4 years, 9 months ago IST
New Delhi [India], August 19 (ANI): Public sector banks can attract about Rs 25,000 crore in deposits by serving 100 million low-income women while financially empowering 40 crore Indians, according to a new report published jointly by Bank of Baroda and global non-profit organisation Women'
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ED arrests PISL managing director in bank fraud case
Updated : 4 years, 9 months ago IST
New Delhi [India], August 19 (ANI): The Enforcement Directorate (ED) has arrested Vuppalapati Satish Kumar, Managing Director (MD) of Prithvi Information Solutions Limited (PISL), for money laundering and causing a loss of around Rs 3,316 crore to a consortium of public sector banks, the age
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ED arrests VMCSL MD V Hima Bindu in money laundering case
Updated : 4 years, 10 months ago IST
New Delhi, August 6 (ANI) The Enforcement Directorate (ED) has arrested V. Hima Bindu, the Managing Director (MD) of VMCSL, for indulging in the offence of money laundering and causing a loss of around Rs 3,316 crore to a consortium of public sector banks.
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ED attached assets more than money due to banks, claims Mehul Choksi's law
Updated : 4 years, 11 months ago IST
New Delhi [India], June 23 (ANI): After the Enforcement Directorate transferred a portion of attached assets in cases of Vijay Mallya, Nirav Modi, and Mehul Choksi to Public Sector Banks (PSBs) and the Central Government, the lawyer of Mehul Choksi has issued a statement on Wednesday and
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ED transfers Rs 9,371.17 cr assets seized in Mallya, Nirav, Choksi cases t
Updated : 4 years, 11 months ago IST
New Delhi [India], June 23 (ANI): The Enforcement Directorate (ED) on Wednesday transferred seized assets worth Rs 9,371.17 crore in the cases related to Vijay Mallya, Nirav Modi, and Mehul Choksi, to Public Sector Banks (PSBs) and Central Government.
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COVID-19 second wave hits PSBs collection in May: Indian Bank Association
Updated : 5 years ago IST
New Delhi [India], May 30 (ANI): Indian Banks Association (IBA) Chairman Rajkiran Rai on Sunday said that the second wave of COVID-19 has impacted the collections of Public Sector Banks (PSBs) in the month of May.
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RBI Governor meets chiefs of PSU banks amid COVID-19 challenges
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], May 19 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday held a virtual meeting with managing directors and CEOs of public sector banks to discuss credit flows for small borrowers and micro, small and medium enterprises (MSMEs) in the b
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Privatisation of public sector banks another way to benefit few people, al
Updated : 5 years, 2 months ago IST
New Delhi [India], March 16 (ANI): Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Tuesday alleged that privatisation of public sector banks is another attempt by the government to benefit a few people.
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Cong alleges Centre trying to finish Indian banking industry through priva
Updated : 5 years, 2 months ago IST
New Delhi [India], March 16 (ANI): Congress's Lok Sabha Member of Parliament Manickam Tagore condemned the Centre for trying to break the backbone of the banking industry by privatising public sector banks.
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Centre privatising profit and nationalising loss, says Rahul Gandhi
Updated : 5 years, 2 months ago IST
New Delhi [India], March 16 (ANI): Congress leader Rahul Gandhi on Tuesday criticised the Centre over the privatisation of Public Sector Banks and said that he stands with the striking bank employees.
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