Search For "public sector"
Shaktikanta Das endorses formation of 'holding company' for PSBs
Updated : 7 years, 11 months 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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IOB inks information utility pact with NeSL
Updated : 7 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr. 21 (ANI): Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).
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NBCC ties up with Skill Development Institute to train workers
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 12 (ANI): NBCC (India) Ltd., the Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs, on Thursday signed a Memorandum of Understanding (MoU) with the Skill Development Institute (SDI) Bhubaneswar, for the construction of th
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L&T, BEL ink MoU for defence products
Updated : 7 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr. 11 (ANI): In line with the efforts to indigenise the defence sector under the 'Make in India' initiative, Larsen & Toubro (L&T), India's multinational engineering conglomerate, and Bharat Electronics Limited (BEL), a leading public sector enterpr
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CPSE Conclave: PM Modi shares three success mantras for private, public se
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 9 (ANI): Prime Minister Narendra Modi on Monday shared the success mantra for both private and public sector as three I's which are Incentives, Imagination and Institution building.
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Indian Overseas Bank launches IoT-based customer service app
Updated : 7 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr. 07 (ANI): Leading public sector bank, Indian Overseas Bank (IOB) as part of their 'Customer First' initiative launched Internet of Things (IoT)-based customer feedback application on a pilot basis at its Cathedral branch here.
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No unauthorised LoUs issued, except one incident: SBI official
Updated : 8 years 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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Sensex dips by 215.35pts; Nifty loses 10,400-mark
Updated : 8 years ago IST
Mumbai (Maharashtra) [India], Mar. 14 (ANI): Market indices witnessed a decline on Wednesday morning, largely due to a dip in the public sector unit bank index and negative lead from Asia and the United States, following the sacking of the latter's Secretary of State, Rex Tillerson.
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Passport details compulsory against loans higher than Rs 50cr
Updated : 8 years 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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ASSOCHAM recommends extension of Aadhaar linkage with bank account
Updated : 8 years ago IST
New Delhi [India], Mar 4. (ANI): In the wake of the banking scams unearthed in the recent past, the ASSOCHAM opined that public sector banks, in particular, may find it challenging to complete the task of linking Aadhaar with the accounts of all customers by March 31, and therefore called fo
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Centre directs PSBs to consolidate 35 overseas operations
Updated : 8 years 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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NPA accounts above Rs 50 Cr to be probed for fraud
Updated : 8 years ago IST
New Delhi [India], Feb. 27 (ANI): In the wake of the recent crackdown on bank fraud cases, Rajeev Kumar, Secretary in the Department of Financial Services on Tuesday informed that all the Non-performing asset (NPA) accounts above Rs 50 crore will be examined for fraud.
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