public sector banks
- Business
Centre may redraw bank recapitalisation plan in wake of new challenges
New Delhi: The government may redraw the recapitalisation roadmap for public sector banks (PSB) in the current fiscal as the institutions face additional burden to meet interest on interest obligation for all its…
- Business
Private banks lose people’s trust, while PSBs gain
NEW DELHI: The COVID-19 pandemic and the subsequent lockdown has truly tested the preference of people for the banking system that provides safety for their savings with good service and better returns.…
- Top Stories
26 public sector banks closed, merged in last five years: RTI
New Delhi: Over 3,400 branches of 26 public sector banks (PSBs) have been either closed or merged during the last five financial years due to merger under the consolidation exercise in the…
- India
Sitharaman to meet heads of public sector banks in Delhi today
New Delhi: Union Finance Minister Nirmala Sitharaman will meet the heads of public sector banks in Delhi on Thursday. The government last month announced the merger of 10 public sector banks (PSBs)…
- Business
Govt to infuse Rs 48,239 crore in 12 public sector banks
New Delhi: The Central government on Wednesday approved recapitalization of 12 public sector banks with an infusion of Rs 48,239 crore. Rajeev Kumar, Secretary, Department of Financial Services (DFS) in Finance Ministry…
- Business
RBI governor meets PSU bank chiefs
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector,…
