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Latest Articles in public sector banks PSBs

FinMin Wants Banks To Explore Fintech Partnership, Co-Lending Opportunities

The ministry also urged the heads of the public sector lenders to strengthen IT security systems and cybersecurity to check fraud

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India Needs 4-5 'SBI Size' Banks To Meet Growing Needs Of Economy: Sitharaman

As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry

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FM To Meet Ceos Of Public Sector Banks On Wed

The finance minister had said the government is ready to do everything required to revive and support economic growth hit by the COVID-19 pandemic.

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Nearly 72 % Of Financial Transactions Of PSBs Done Through Digital Channels: MoS Finance

PSBs have recovered an amount of Rs 4.52 lakh crore during the past five financial years from defaulters in NPA and written-off accounts, and have made aggregate recovery of Rs 20,334 crore from wilful defaulters till March 2021

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Lockdown Read

Tamal Bandyopadhyay’s attempt to analyse the malaise in the banking system is an insider’s view and so not the larger picture one could expect from a dispassionate writer. He does raise a relevant poser, though. Has India let down its banking industry or is it the other way around?

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Windfall Gains On Bond Portfolios Aided PSBs Report Net Profits In FY2021: Icra

The repo rate and the reverse repo rate were cumulatively cut by 115 basis points (bps) and 155 bps, respectively, during March 2020 and May 2020 to 4 per cent and 3.35 per cent, respectively

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State-Owned Banks Getting Ready For Privatisation May Come Out With VRS

Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.

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Economic Recovery Reduces Risk Of Sharp Deterioration In PSBs' Asset Quality: Moody's

India's public sector banks will continue to face capital shortages as their profitability remains weak given high credit costs, leaving them vulnerable to any unexpected stress

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FM Nirmala Sitharaman Unveils Doorstep Banking Services

Pointing out that customers of Public Sector Banks can avail services at nominal charges at added, "The services shall benefit all customers, particularly Senior Citizens and Divyangs who would find it at ease to avail these services."

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DFI Is not the Solution for Infrastructure Projects

The public sector banks (PSBs) as well as privately owned lenders have systematically under-priced the credit risk for infrastructure projects

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DFI Is Not The Solution For Infrastructure Projects

The public sector banks (PSBs) as well as privately owned lenders have systematically under-priced the credit risk for infrastructure projects.

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Indian public sector banks face fresh capital shortages as coronavirus bites: Moody's

Indian public sector banks face fresh capital shortages as coronavirus bites: Moody's

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