Public Sector Banks Psbs
- All
- News
- Videos
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
Public Sector Banks Earlier Known For NPAs, Now For Record Profits: PM Modi
Prime Minister Narendra Modi today hit out at the previous UPA government, saying while it destroyed the banking sector with "scams" his dispensation has restored its good financial health, with India now known for the sector's strength.
-
Centre "Privatising Profit, Nationalising Loss": Rahul Gandhi On Public Sector Bank Strike
Taking a dig at the government, Congress leader Rahul Gandhi today alleged that selling public sector banks to "cronies" will compromise the country's financial security.
-
Centre "Bleeding Dry" Public Sector Banks: P Chidambaram Rips Into Budget
Senior Congress leader and former finance minister P Chidambaram criticised the 2021 budget today on several counts, including special outlays for election-bound states and the measures announced for the Public Sector Banks or PSBs. "The intent of the government is clear -- to let the PSBs bleed slowly so that they can be privatized," he said.
-
Economic Survey Flags 'Disproportionate Dwarfism' Of Banks
The survey said that if Indian banks were proportionately large in relation to the size of the Indian economy, India should have at least six banks in the global top 100 than just the current largest PSB State Bank of India, which is the 55th largest bank globally.
-
Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
-
Mehul Choksi Cheated Punjab And Sind Bank Of Rs 44 Crore: Report
Diamantaire Mehul Chinubhai Choksi cheated Punjab & Sind Bank (PSB) of Rs 441 million, the public sector bank revealed on Saturday.
-
Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks
To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity.
-
"India Must Complete Reform Process In 5 Years": Ex-NITI Aayog Official
India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give "serious thought" to privatising the public sector banks (PSBs), eminent economist Arvind Panagariya has said, emphasising that the reform process must be completed in the coming five years.
-
"State-Run Banks Have No Plans To Shut ATMs": Minister Tells Parliament
The public Sector banks (PSB) have no plans to shut down 50 per cent of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha on Friday.
-
State-Run Banks To Link SWIFT With Core Banking Solution Post PNB Fraud
Move comes after Nirav Modi's Rs 13,540 crore fraud, in which fraudulent transactions were not registered on PNB's internal system.
-
State-Run Banks Wrote Off Rs 81,000 Crore Loans In Fiscal 2017
Loans worth Rs 81,683 crore were written off by public sector banks (PSBs) in 2016-17, Finance Minister Arun Jaitley said today in the Rajya Sabha. In a written reply, Mr Jaitley said that loans are written off for tax benefit and capital optimisation, but the borrowers of such loans continue to be liable for repayment
-
After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
-
Arun Jaitley Rules Out Privatisation Of State-Run Banks
The accumulated NPAs in the Indian banking system have crossed a staggering Rs eight lakh crore, with PSBs themselves accounting for over Rs seven lakh crore of bad loans.
-
PNB Fraud: Assocham Calls For Privatising Public Sector Banks
Assocham said on Sunday that the government should surrender its majority control of banks, which should be allowed to function like private sector lenders.
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
Public Sector Banks Earlier Known For NPAs, Now For Record Profits: PM Modi
Prime Minister Narendra Modi today hit out at the previous UPA government, saying while it destroyed the banking sector with "scams" his dispensation has restored its good financial health, with India now known for the sector's strength.
-
Centre "Privatising Profit, Nationalising Loss": Rahul Gandhi On Public Sector Bank Strike
Taking a dig at the government, Congress leader Rahul Gandhi today alleged that selling public sector banks to "cronies" will compromise the country's financial security.
-
Centre "Bleeding Dry" Public Sector Banks: P Chidambaram Rips Into Budget
Senior Congress leader and former finance minister P Chidambaram criticised the 2021 budget today on several counts, including special outlays for election-bound states and the measures announced for the Public Sector Banks or PSBs. "The intent of the government is clear -- to let the PSBs bleed slowly so that they can be privatized," he said.
-
Economic Survey Flags 'Disproportionate Dwarfism' Of Banks
The survey said that if Indian banks were proportionately large in relation to the size of the Indian economy, India should have at least six banks in the global top 100 than just the current largest PSB State Bank of India, which is the 55th largest bank globally.
-
Banks' "Worst" Time Under Manmohan Singh-Raghuram Rajan: Finance Minister
Finance Minister Nirmala Sitharaman has turned the tables on her macroeconomics opponents by pointing at a massive amount of bad loans in state-run banks when the United Progressive Alliance (UPA) was in power. She held "the combination" of former Prime Minister Manmohan Singh and former Reserve Bank of India Governor Raghuram Rajan responsible for...
-
Mehul Choksi Cheated Punjab And Sind Bank Of Rs 44 Crore: Report
Diamantaire Mehul Chinubhai Choksi cheated Punjab & Sind Bank (PSB) of Rs 441 million, the public sector bank revealed on Saturday.
-
Budget 2019: Centre To Pump In Rs 70,000 Crore In State-Owned Banks
To strengthen financial health of public sector banks (PSBs), Finance Minister Nirmala Sitharaman Friday said the government will pump in Rs 70,000 crore to boost their lending capacity.
-
"India Must Complete Reform Process In 5 Years": Ex-NITI Aayog Official
India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give "serious thought" to privatising the public sector banks (PSBs), eminent economist Arvind Panagariya has said, emphasising that the reform process must be completed in the coming five years.
-
"State-Run Banks Have No Plans To Shut ATMs": Minister Tells Parliament
The public Sector banks (PSB) have no plans to shut down 50 per cent of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha on Friday.
-
State-Run Banks To Link SWIFT With Core Banking Solution Post PNB Fraud
Move comes after Nirav Modi's Rs 13,540 crore fraud, in which fraudulent transactions were not registered on PNB's internal system.
-
State-Run Banks Wrote Off Rs 81,000 Crore Loans In Fiscal 2017
Loans worth Rs 81,683 crore were written off by public sector banks (PSBs) in 2016-17, Finance Minister Arun Jaitley said today in the Rajya Sabha. In a written reply, Mr Jaitley said that loans are written off for tax benefit and capital optimisation, but the borrowers of such loans continue to be liable for repayment
-
After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
-
Arun Jaitley Rules Out Privatisation Of State-Run Banks
The accumulated NPAs in the Indian banking system have crossed a staggering Rs eight lakh crore, with PSBs themselves accounting for over Rs seven lakh crore of bad loans.
-
PNB Fraud: Assocham Calls For Privatising Public Sector Banks
Assocham said on Sunday that the government should surrender its majority control of banks, which should be allowed to function like private sector lenders.
