Bank of Baroda (BoB), a major public sector bank, concluded the 7th edition of its flagship rural outreach programme, 'Baroda Kisan Pakhwada', sanctioning agriculture loans worth more than Rs 3,300 crore, the Bank said in a release on Thursday.
Public sector shipyard Mazagaon Dockyards Limited (MDL) on Thursday said it has been invited by the Defence Ministry from January 27 for negotiating the over Rs 70,000 crore Project-75 India deal under which six suvtines have to be built.
In a major decision to enhance the financial viability of large hydropower projects rejuvenated through Memoranda of Association (MoAs) with Central Public Sector Undertakings (CPSUs), the Arunachal Pradesh Cabinet has approved the grant of SGST reimbursement concessions for several hydropo
Nagaraju said that significant progress has been made in expanding social security and deepening financial inclusion in the country through various flagship schemes of the Government, and further urged the Public Sector and Private Sector Banks to dedicatedly work towards bringing more and m
He asserted that the inauguration of the bone marrow transplant facility is a groundbreaking development in public-sector pediatric healthcare across the country.
M Nagaraju, Secretary, Department of Financial Services (DFS), chaired a meeting on Wednesday and reviewed 20 randomly selected public grievances resolved by Public Sector Banks (PSBs) and insurance companies to assess resolution quality.
The delivery included the First Stealth Frigate of the Project 17A Class and the Fourth Stealth Destroyer of the Project 15B Class, named Yard 12707 (SURAT).
The Department of Public Enterprises (DPE) has reported that capital expenditure (CAPEX) by Central Public Sector Enterprises (CPSEs) and other monitored organizations over the past few years has exceeded targets.
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said in a release on Sunday.
Taking to its official handle on X, the Congress party posted, "Leader of Opposition Rahul Gandhi met people associated with Public Sector Undertakings (PSUs). The Modi government is bent on privatizing even the profitable PSUs."
"The country's assets are being handed over to select capital
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and from a peak of 14.58 per cent in March 2018, the government said in a statement Thursday, reaffirming the good health in the banking system.