Search For "public sector"
PSBs given deadline to identify security gaps, operation risks
Updated : 8 years ago IST
New Delhi [India], Feb. 27 (ANI): Financial Services Secretary Rajiv Kumar on Tuesday gave a 15-day deadline to the public sector banks (PSBs) to take "pre-emptive" action for identifying gaps and to gear up for rising operational and technical risks.
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PM favored private diamond firms against PSUs: Cong
Updated : 8 years, 1 month ago IST
New Delhi[India] Feb.24 (ANI): The Congress has accused the Centre of favouring private diamond companies over public-sector units (PSUs) in getting foreign deals.
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Rotomac bank fraud: Vikram Kothari, son sent to 1-day transit remand
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 23 (ANI): Rotomac Pens owner Vikram Kothari and his son Rahul Kothari have been sent to a one-day transit remand by Delhi's Patiala House Court in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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Rotomac bank fraud: Vikram Kothari, his son arrested
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 22 (ANI): The Central Bureau of Investigation (CBI) on Thursday arrested the owner of Rotomac Pens, Vikram Kothari, and his son Rahul Kothari in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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Public sector banks to transfer officers completing 3 years
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb. 19 (ANI): In the wake of Punjab National Bank fraud case, the Central Vigilance Commission on Monday issued an advisory to all the public sector banks ordering them to transfer the officers who have completed three years as on December 31, 2017.
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Sensex witnesses 134.95 point surge, Nifty at 10,586.90
Updated : 8 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb. 16 (ANI): After facing immense pressure for the third consecutive day, the shares of Punjab National Bank (PNB) continued to trigger the markets.
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CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
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IOB joins hands with National Housing Board
Updated : 8 years, 2 months ago IST
Chennai (Tamil Nadu) [India], Jan 23 (ANI): Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) on Tuesday announced a Memorandum of Understanding (MoU) with National Housing Bank for implementation of the Rural Housing Interest Subsidy Scheme (RHISS) of the Ministry of Rural Develo
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Railway Ministry to hold 'Mega Conclave' tomorrow
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 16 (ANI): In a major initiative to ensure expeditious implementation of Railway Infrastructure Development Plans, Ministry of Railways will be organising a 'Mega Conclave' on Wednesday with all stakeholders including leaders of the construction industry.
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Free banking services not to be discontinued: Centre
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): Financial Services Secretary Rajeev Kumar on Wednesday clarified that the Government of India has no proposal to discontinue free banking services from January 20 and asked people not to pay heed to 'baseless rumours'.
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Banking sector posts 10.7 pct YoY growth in Dec'17
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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Govt tables demand for Rs 80K grant towards PSB recap
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): The Centre on Thursday presented a demand for additional expenditure towards a previously announced bank recapitalisation plan for public sector banks, to the tune of Rs 80,000 crore.
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