Showing results for "#Public Sector Banks"
Public sector banks may not get capital support in Budget 2023-24
Finance Minister Nirmala Sitharaman is scheduled to present the fifth and final full Budget of the Modi 2.0 government on February 1.
Tomorrow’s strike by employees likely to affect banking services
Although the officers are not part of the strike, there may be some impact on cash deposit and withdrawal, clearing of cheques etc.
FM directs banks to enhance coverage of SCs in all schemes
Sitharaman gave these directions during a review meeting of various Central financial schemes being implemented by state-owned banks and their...
Adani Group says not overleveraged, loans from banks halved
In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered,...
Public sector banks shut down 2,044 branches in FY22: AIBEA
On the other hand, the number of branches of private banks went up by 4,023 to 34,342 branches in 2022 as compared to 2021, the All India Bank...
Privatisation of two PSBs stalled
The Cabinet has not taken any decision on privatisation of two Public Sector Banks (PSBs), which the government had announced in Budget 2021-22,...
Rs 5.5 lakh cr recovered in last 7 yrs via PSBs’ efforts to trim NPAs:...
The government has taken comprehensive steps to reduce NPAs and to effect recovery, enabling public sector banks to recover more than Rs 5.49 lakh...
As many as 41,177 posts vacant at public sector banks: Govt
As many as 41,177 positions or 5 per cent of the total sanctioned posts at public sector banks were vacant as on December 1, Union Finance Minister...