Showing results for "#Public Sector Banks"
PSBs’ dividend payout may exceed Rs 15,000 cr in FY24
PSBs earned the highest-ever aggregate net profit of Rs 1.05 lakh crore during FY23 compared to Rs 66,539.98 crore earned in 2021-22.
FM Nirmala Sitharaman chairs meeting to review performance of Public...
Sitharaman directed that the acquisition of stressed accounts by NARCL needs to improve further, and necessary efforts must be made in this
Govt cracks whip on public sector banks over big insolvency cases
The government has asked for reviews of insolvency cases as there are delays in the admission of cases in insolvency courts, he explained.
IBA inks agreement with unions; bank staff pay to increase by 17%
The wage revision will be effective from 1.11.2022 for a period of five years.
Public sector banks wrote off loans worth Rs 3.66 lakh crore in last...
The Ministry of Finance informed the Lok Sabha on Monday that in the last five years, scheduled commercial banks (SCBs) wrote off nearly Rs 10.6 lakh...
Microfinance grows by nearly 10 times in 10 years to cross Rs 5L-cr...
As on March 2023, the microfinance gross loan portfolio was more than Rs 5 lakh crore serving over 13 crore borrowers, compared with a portfolio of Rs...
Time to plug governance gaps in banks: RBI dy guv
“The banking sector in India at this juncture is sound, resilient, and financially healthy. So, the time is perhaps right to improve the plumbing by...
ED attaches Rs 124 crore worth properties of Surana Group
ED had earlier attached properties valued at Rs. 124.95 crore and the total attachment in the case stands at Rs 248.98 crore.
