Search For "public sector bank"
Bank of Maharashtra Streamlines Export Finance for Businesses With Tailore
Updated : 1 year, 11 months ago IST
New Delhi [India], June 13: In the dynamic landscape of global markets, successful expansion requires more than mere vision; it demands steadfast support. Bank of Maharashtra, one of the premier public sector banks in the country, is offering a comprehensive suite of Export Finance solutions
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SBI to raise USD 3 billion through debt in the current fiscal year FY25
Updated : 1 year, 11 months ago IST
India's largest public sector bank, State Bank of India, said through an exchange filing that its board has approved raising up to USD 3 billion via debt in the current financial year. In the exchange filing, the state-run lender says
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Moody's maintains stable outlooks on three Indian public sector banks
Updated : 1 year, 12 months ago IST
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
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Rate cut expected in Q3FY25, liquidity management will be a challenge for
Updated : 1 year, 12 months ago IST
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 2 years ago IST
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
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Union Bank of India modernises risk management with SAS
Updated : 2 years ago IST
New Delhi [India], May 29: Union Bank of India, a premier public sector bank in the country, has successfully modernised its risk management systems by implementing SAS solutions to enhance and streamline the Bank's risk operations and reporting through advanced model risk management solutio
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With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 2 years ago IST
India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing Infrastructure & Development in an exclusive conversation with ANI.
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SBI says monetary policy reflects India's high growth and low inflationary
Updated : 2 years, 2 months ago IST
The country's largest public sector bank State Bank of India said the monetary policy statement of the RBI reflected India's high growth and low inflation. Reacting to the central bank maintaining the status quo in the repo rate, SBI Chairman Dinesh Khara said
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Public sector banks doing better in managing NPAs vis-a-vis their private
Updated : 2 years, 2 months ago IST
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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5 flouting PSBs laid out action plan to meet minimum public shareholding r
Updated : 2 years, 2 months ago IST
Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior government official said on Thursday.
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Public sector banks asked to reassess gold loan process amid debt risk con
Updated : 2 years, 2 months ago IST
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures amid concerns over risky debt as gold prices surge, informed a senior official.
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BoM marks 89th Business Commencement Day through launch of Innovative Prod
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 15: Bank of Maharashtra (BoM), a premier public sector bank in the country celebrated its 89th Business Commencement Day in Pune on 8th February, 2024. As Bank has undertaken Digital transformations in areas of digital journey, digital operations &
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