Search For "public sector bank"
ASSOCHAM recommends extension of Aadhaar linkage with bank account
Updated : 8 years, 3 months ago IST
New Delhi [India], Mar 4. (ANI): In the wake of the banking scams unearthed in the recent past, the ASSOCHAM opined that public sector banks, in particular, may find it challenging to complete the task of linking Aadhaar with the accounts of all customers by March 31, and therefore called fo
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Centre directs PSBs to consolidate 35 overseas operations
Updated : 8 years, 3 months ago IST
New Delhi [India], Mar. 2 (ANI): In the wake of the recent banking scams reported, the government has directed public sector banks (PSBs) to consolidate nearly 35 overseas operations without affecting the banks' international presence in these countries.
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NPA accounts above Rs 50 Cr to be probed for fraud
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 27 (ANI): In the wake of the recent crackdown on bank fraud cases, Rajeev Kumar, Secretary in the Department of Financial Services on Tuesday informed that all the Non-performing asset (NPA) accounts above Rs 50 crore will be examined for fraud.
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PSBs given deadline to identify security gaps, operation risks
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 27 (ANI): Financial Services Secretary Rajiv Kumar on Tuesday gave a 15-day deadline to the public sector banks (PSBs) to take "pre-emptive" action for identifying gaps and to gear up for rising operational and technical risks.
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Rotomac bank fraud: Vikram Kothari, son sent to 1-day transit remand
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 23 (ANI): Rotomac Pens owner Vikram Kothari and his son Rahul Kothari have been sent to a one-day transit remand by Delhi's Patiala House Court in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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Rotomac bank fraud: Vikram Kothari, his son arrested
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 22 (ANI): The Central Bureau of Investigation (CBI) on Thursday arrested the owner of Rotomac Pens, Vikram Kothari, and his son Rahul Kothari in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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Public sector banks to transfer officers completing 3 years
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb. 19 (ANI): In the wake of Punjab National Bank fraud case, the Central Vigilance Commission on Monday issued an advisory to all the public sector banks ordering them to transfer the officers who have completed three years as on December 31, 2017.
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Sensex witnesses 134.95 point surge, Nifty at 10,586.90
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb. 16 (ANI): After facing immense pressure for the third consecutive day, the shares of Punjab National Bank (PNB) continued to trigger the markets.
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CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
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IOB joins hands with National Housing Board
Updated : 8 years, 4 months ago IST
Chennai (Tamil Nadu) [India], Jan 23 (ANI): Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) on Tuesday announced a Memorandum of Understanding (MoU) with National Housing Bank for implementation of the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Develo
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Free banking services not to be discontinued: Centre
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 10 (ANI): Financial Services Secretary Rajeev Kumar on Wednesday clarified that the Government of India has no proposal to discontinue free banking services from January 20 and asked people not to pay heed to 'baseless rumours'.
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Banking sector posts 10.7 pct YoY growth in Dec'17
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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