Public sector bank

Centre to provide capital support mostly to weak PSBs

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's share of the Rs 15,000 crore earmarked for capital infusion.

Feb 27, 2022, 16:48 PM IST

Public sector banks to bring doorstep financial services to you in October

At present only non-financial services are available for consumers.

Sep 10, 2020, 13:01 PM IST

Recruitment of junior associates in Sate Bank of India (sales and support customer): 2018 exam date postponed

SBI has revised dates for the recruitment of junior associates (customer support and sales).

Feb 28, 2018, 20:16 PM IST

No question of closing down any PSB, says govt & RBI

The RBI said that under its supervisory framework, it uses various measures/tools to maintain sound financial health of banks.

Dec 22, 2017, 16:56 PM IST

Vijaya Bank Q1 net jumps over 57% to Rs 255 crore

The gross non-performing assets (NPAs) of the bank fell slightly to 7.30 percent of the gross advances as on June 30, 2017 from a level of 7.31 percent a year ago.

Jul 22, 2017, 16:09 PM IST

RBI governor, FinMin officials discuss NPA resolution issues

Besides RBI governor, Financial Services Secretary, other senior officials of finance ministry and RBI were present in the meeting.

May 12, 2017, 20:03 PM IST

Indian Bank revises interest rates in FCNR deposits

Public sector Indian Bank has revised its interest rates in foreign currency non-resident (banking) term deposits with immediate effect.

Mar 02, 2017, 16:08 PM IST

Public sector bank employees on strike today; operations hit

Public sector bank employees will go on strike on Friday to protest against the proposed merger of associate banks with SBI and banking reforms.

Jul 29, 2016, 05:05 AM IST

Syndicate Bank issues Rs 500-crore Basel-3 compliant bonds

Public sector Syndicate Bank on Saturday said it has issued unsecured, non-convertible Basel-III compliant bonds to raise Rs 500 crore.

Apr 02, 2016, 19:32 PM IST

RBI amends capital recognition rules; Rs 35,000-cr unlocked for PSBs

The Reserve Bank of India Tuesday announced amendments to recognise more balance sheet items as common equity tier-I capital which will help unlock up to Rs 35,000 crore for state-run lenders impacted by asset quality troubles.

Mar 01, 2016, 22:51 PM IST

Bad assets hit PNB hard; Oct-Dec net plunges 93% to Rs 51 crore

Bank's asset quality deteriorated further as gross non-performing assets (NPAs) or bad loans hit 8.47 percent of the gross advances during third quarter of current fiscal, as against 5.97 percent a year ago.

Feb 09, 2016, 13:17 PM IST

Merger of banks has to be very focused: Mundra

Reserve Bank Deputy Governor S S Mundra on Monday supported consolidation in the banking sector but said it has to be a focused exercise.

Dec 14, 2015, 17:02 PM IST

Indian Bank revises deposit rates

Public sector lender Indian Bank has revised interest rates in the foreign currency non-resident (banking) deposits, with effect from June 1.

May 30, 2015, 19:02 PM IST

Finance ministry calls meeting of bank heads on April 28

The finance ministry has called a meeting of public sector bank chiefs on April 28 for planning implementation of large projects, a release said here on Sunday.

Apr 19, 2015, 18:32 PM IST

Indian Bank revises interest rates

Public sector Indian Bank has revised the foreign currency non-resident banking term deposits interest rates with immediate effect.

Apr 01, 2015, 14:32 PM IST

Bank credit up 10.39% at Rs 64,53,394 crore

Bank credit growth continued to trail deposit mop-up and remained muted with a mere 10.39 percent rise at Rs 64,53,394 crore in the fortnight to February 20, up from Rs 58,45,833 crore a year ago, according to the latest data released by the Reserve Bank.

Mar 06, 2015, 15:46 PM IST