Search For "public sector banks"
Indian banks are better placed with strong balance sheet, low NPAs and hig
Updated : 2 years ago IST
After suffering from seething government and disturbing bad loan difficulties, Indian banks have established themselves in a much stronger position, as balance sheets and profits have rebounded markedly, noted CLSA (formerly known as Credit Lyonnais Securities Asia), a capital markets and in
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Bank of Maharashtra Streamlines Export Finance for Businesses With Tailore
Updated : 2 years 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 : 2 years 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 : 2 years 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 : 2 years, 1 month 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, 1 month 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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With clean balance-sheet Indian Banking sector has enough opportunity for
Updated : 2 years, 1 month 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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Public sector banks doing better in managing NPAs vis-a-vis their private
Updated : 2 years, 3 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, 3 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, 3 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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Ram Temple inauguration: Banks across India to remain closed during Januar
Updated : 2 years, 5 months ago IST
Department of Financial Services under the Ministry of Finance in a notification said on Thursday that Public Sector Banks, Public Sector Insurance Companies, Public Sector Financial Institutions and Regional Rural Banks will remain closed in the first half of January 22, to enable employ
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Kyndryl to Modernize and Manage Canara Bank's IT Operations
Updated : 2 years, 5 months ago IST
Bangalore (Karnataka) [India], January 18: Kyndryl, the world's largest IT infrastructure services provider, announced today that it has engaged with Canara Bank, one of the largest public sector banks in India, to optimize the bank's business services and operations and modernize its IT inf
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