Search For "public sector banks"
Two-day nationwide bank strike from today to protest against privatisation
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], March 15 (ANI): The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16 against the privatisation of public sector banks and "retrograde banking reforms".
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Banking services to be hit as over 10 lakh employees to go on strike on Ma
Updated : 5 years, 3 months ago IST
New Delhi [India], March 14 (ANI): The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
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Consumer, personal loans bolstered Fintech lending in FY 2021: Equifax SID
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 15 (ANI/PRNewswire): SIDBI and Equifax launched the second edition of "Fintech Pulse", a quarterly publication highlighting key trends of the fast growing NBFC (Non- Banking Financial Company) Fintech segment.
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Union budget a let down like never before, farm sector has been shortchang
Updated : 5 years, 5 months ago IST
New Delhi [India], February 1 (ANI): Alleging that Finance Minister Nirmala Sitharaman has "deceived the people, especially the poor" in the union budget presented on Monday, Congress leader P Chidambaram said farm sector has been shortchanged, the fiscal situation "is in a mess" and the
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Under-capitalised banks can hurt real economy: Economic Survey
Updated : 5 years, 5 months ago IST
New Delhi [India], January 29 (ANI): The Economic Survey 2021 released on Friday has called for adequate capitalisation of public sector banks and strengthening the legal infrastructure for recovery of loans.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Indian NBFCs' asset quality remains vulnerable: Moody's
Updated : 5 years, 7 months ago IST
New Delhi [India], November 23 (ANI): Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated Indian non-bank finance companies (NBFCs) like Indiabulls Housing Finance Limited and IIFL Finance Limited, the loan delinquencies will inevitab
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PSBs not going to raise bank charges in near future, says Finance Ministry
Updated : 5 years, 8 months ago IST
New Delhi [India], November 3 (ANI): The Ministry of Finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic.
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Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman
Updated : 5 years, 9 months ago IST
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
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SC dismisses plea seeking to direct PSBs to invoke personal guarantees of
Updated : 5 years, 9 months ago IST
New Delhi [India], September 22 (ANI): The Supreme Court on Tuesday dismissed a petition seeking directions for the public sector banks to invoke personal guarantees of the defaulters by attaching their private properties.
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Ind-Ra downgrades Indian banking outlook to negative for H2
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], Sep 18 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook on the banking sector to negative for the second half of current financial year from stable.
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FM Nirmala Sitharaman unveils Doorstep Banking Services
Updated : 5 years, 9 months ago IST
New Delhi [India], September 10 (ANI): Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) on Wednesday, which will provide the convenience of banking services to the customers at their doorsteps.
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