All posts tagged "PSBs"
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426BUSINESSPSBs’ Profit Jumps 65% in Q3; Bank of Maharashtra Tops Chart with 139% Surge
BoM was followed by Kolkata-based UCO Bank which posted a profit of Rs 653 crore, 110 per cent higher than its earning...
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261FINANCEMany public sector banks saddled with weak assets, high credit costs: S&P Global Ratings
While the government-owned State Bank of India (SBI) and leading private banks have addressed their asset quality challenges, the same cannot be...
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260BUSINESS
Central Bank of India vs IOB: PSBs rallied up to 8% today. Which one looks a better buy?
Shares of public sector banks (PSBs) outperformed on Wednesday trade despite a weak show in Indian equity benchmarks. The state-owned lenders continued their...
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600POLITICS
Govt asks PSBs to review performance of digital banking units
The finance ministry has asked state-run banks to review the performance of the recently-launched digital banking units (DBUs) regularly to ensure that...
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378MUST KNOWRBI Issues Clarification On Privatisation of PSBs, Says ‘Gradual Approach To Result In Better Outcomes’
Clarifying on a recent bulletin article on the privatisation of public sector banks (PSBs), the Reserve Bank of India (RBI) on Friday said the...
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655MUST KNOWGovt Plans to Begin Next Round of PSB Mergers Soon, Aims To Have 4-5 Big Banks: Report
With an aim to have 4-5 banks as big as State Bank of India (SBI), the government is planning to initiate the...
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423BUSINESSPNB, SBI account for most valuable bank frauds among PSBs: RBI
Public sector banks reported a 51 per cent dip in the amount involved in frauds to Rs 40,295.25 crore during the financial...
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469MUST KNOW
Strengthening PSBs: Six working group set up to suggest ways and submit its report by December 2022
To improve digitisation in the public sector banks and strengthen their balance sheets, six working groups have been created to suggest ways...
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527BUSINESSBill To Privatise 2 State-Owned Banks Unlikely In This Session
The government may not bring the Banking Laws (Amendment) Bill 2021 – which aims to privatise two public sector banks (PSBs) – during the ongoing...
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386FINANCEPSBs to push co-lending with NBFCs, digital agri financing under Ease 4.0 reform agenda
State-run banks will focus on co-lending with non-banking firms, digital agriculture financing, synergies and technological resilience for 24×7 banking as part of...
