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 ISTPublic 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 ISTRecruitment 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 ISTNo 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 ISTVijaya 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 ISTRBI 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 ISTIndian 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 ISTPublic 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 ISTSyndicate 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 ISTRBI 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 ISTBad 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 ISTMerger 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 ISTIndian 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 ISTFinance 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 ISTIndian 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 ISTBank 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 ISTPSBs employees go on strike in North; East to follow Thursday
Continuing their four-day relay strike to press for wage hike, public sector bank (PSB) employees in Northern region went off work Wednesday while their counterparts in East India will follow suit on Thursday.
Dec 03, 2014, 21:23 PM ISTBank relay strike affects South; North to follow Wednesday
Beginning their four-day relay strike to press for wage hike, public sector bank (PSB) employees in southern region went off work today and while their counterparts in North India will follow suit on Wednesday.
Dec 02, 2014, 20:44 PM ISTIndian Bank to revise interest rates from today
Public sector Indian Bank will revise its interest rates on the foreign currency non-resident (banking) term deposits from tomorrow.
Aug 30, 2014, 16:14 PM ISTBank of Baroda Q1 net profit rises 16% on lower provisioning
The provisioning for bad loans and contingencies made by the bank were reduced to Rs 526.71 crore for the first quarter FY15, from Rs 1,017.86 crore in the year-ago period.
Jul 28, 2014, 13:21 PM IST