Search For "public sector banks psbs"
Budget 2019-20: Six months' partial credit guarantee proposed for PSBs
Updated : 6 years, 11 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday said the government has proposed to provide a one-time six-month partial credit guarantee to public sector banks (PSBs) for first loss of up to 10 per cent.
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Centre assures full support to PSBs to improve delivery services to farmer
Updated : 7 years, 4 months ago IST
New Delhi [India], Jan 28 (ANI): Pushing for financial inclusion, the Central government on Monday assured public sector banks (PSBs) its full support in their objective to improve delivery services to the farmers.
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Capital infusion in PSBs by December: Sources
Updated : 7 years, 6 months ago IST
New Delhi [India], Nov 22 (ANI): Government sources on Thursday said that capital infusion into Public Sector Banks (PSBs) are likely to take place by the end of 2018.
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Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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Jaitley to discuss banking reforms with PSBs today
Updated : 7 years, 8 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley will hold a meeting with Public Sector Banks (PSBs) on Tuesday to discuss banking reforms.
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Shaktikanta Das endorses formation of 'holding company' for PSBs
Updated : 8 years, 1 month ago IST
New Delhi [India], April 25 (ANI): Former economic affairs secretary Shaktikanta Das claimed that it was time to set up a 'holding company' for public sector banks (PSBs), in the wake of the recent economic reforms.
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No unauthorised LoUs issued, except one incident: SBI official
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 15 (ANI): The State Bank of India (SBI) officials on Thursday reiterated the fact that except for the one-off incident involving Punjab National Bank (PNB), no unauthorised Letters of Undertakings (LoUs) have been issued by public sector banks (PSBs).
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Passport details compulsory against loans higher than Rs 50cr
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar. 10 (ANI): In the wake of recent scams unearthed in the banking sector, the Centre on Saturday directed public sector banks (PSBs) to collect passport details of new borrowers seeking to avail loans higher than Rs 50 crore.
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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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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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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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Market mop up may exceed Rs 58,000 cr: ASSOCHAM
Updated : 8 years, 7 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror
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