New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
New Delhi [India], Dec 26 (ANI): Around 10 lakh employees of nine public sector banks on Wednesday went on a nationwide strike against the merger of Dena Bank and Vijaya Bank with Bank of Baroda. They are also seeking their salary revision.
New Delhi [India] Dec 20 (ANI): Finance Minister Arun Jaitley on Thursday said that government will infuse Rs 83,000 crore in public sector banks in the next few months of the current fiscal.
Chennai (Tamil Nadu) [India], Nov 24 (ANI): The Bank Security & Frauds Cell (BS&FC) of the Central Bureau of Investigation (CBI) has filed three FIRs against Chennai-based Best & Crompton Engineering Projects Ltd (BCEPL) for causing Rs 364 crore loss to three public sector banks in a fraudul
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.
Chitrakoot (Madhya Pradesh) [India], Sep 27 (ANI): Congress president Rahul Gandhi on Thursday intensified his attack on the controversial Rafale deal by accusing Prime Minister Narendra Modi of choosing the Reliance Defence over state-run Hindustan Aeronautics Limited (HAL) to benefit Anil
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
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.
New Delhi [India], Sep 18 (ANI): Principal Economic Advisor to the Ministry of Finance, Sanjeev Sanyal, said that the decision to merge three Public Sector Banks, namely, Vijaya Bank, Dena Bank, and the Bank of Baroda will make them commercially successful.
New Delhi [India], Jul 23 (ANI): Union Finance Minister Piyush Goyal on Monday said that the signing of the Inter-Creditor Agreement (ICA) by the public and private sector banks as well as foreign banks for the effective resolution of assets is a `huge step` for the entire banking federation
New Delhi [India], June 27 (ANI): Liquor baron Vijay Mallya on Wednesday reiterated that is making every effort, in good faith to settle dues with the banks, but if politically-motivated factors interfere, there is nothing he can do.
New Delhi [India], June 19 (ANI): Union Finance Minister Piyush Goyal on Friday said a dedicated team of officers will discuss aspects related to credit flow to the micro, small and medium enterprises (MSMEs) sector, which is a major focus of the banking system and economy.