Looking for Chairmen for PSU banks; appointed 5 CEO&MDs: Govt
Government is in the process of finding non-executive chairmen for public sector banks and it has already appointed managing directors and chief executive officers in five public sector banks.
Apr 24, 2015, 15:21 PM IST
RuPay cards of all PSBs now e-commerce enabled: NPCI
The National Payments Corporation of India (NPCI) on Monday said it has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks.
Apr 06, 2015, 20:25 PM IST
Central Bank tops list with highest NPAs among PSU banks
According to the data provided by the RBI to the Finance Ministry, Central Bank of India's 21.5 per cent assets are either bad or have been restructured to save them turning non-performing assets (NPAs).
Apr 05, 2015, 13:31 PM IST
Govt infuses Rs 6,690 crore in nine PSBs in FY 2015
The government has pumped in Rs 6,690 crore in nine public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Syndicate Bank for the fiscal ended March 31, 2015 to strengthen their capital base.
Apr 01, 2015, 18:05 PM IST
Govt to reduce holding in PSBs to 52% in a phased manner
Government has decided to bring down its holding in public sector banks (PSBs) to 52 percent in a phased manner to ensure that capital needs of banks are taken care of, Parliament was informed Tuesday.
Mar 17, 2015, 18:16 PM IST
CBI registers 139 corruption cases against PSB staff: Sinha
The Central Bureau of Investigation (CBI) has registered 139 corruption cases against PSU bank officials in over four years, Parliament was informed on Friday.
Mar 13, 2015, 16:05 PM IST
Govt wants banks to cut rates; lenders seek further RBI easing
Government is believed to have asked public sector banks on Wednesday to consider lowering their interest rates, even as some lenders want further signals on RBI's monetary policy before passing on the benefits to their retail and corporate borrowers.
Mar 11, 2015, 20:47 PM IST
FM Arun Jaitley to review performance of PSU banks today
Finance Minister Arun Jaitley will meet the heads of public sector banks Wednesday to review the banks' performance and persuade them to pass on the RBI's rate cut benefit to borrowers to prop growth.
Mar 11, 2015, 02:05 AM IST
Arun Jaitley to meet heads of PSU banks Wednesday
Finance Minister Arun Jaitley will meet the heads of public sector banks Wednesday to review the banks' performance and persuade them to pass on the RBI's rate cut benefit to borrowers to prop growth.
Mar 10, 2015, 17:03 PM IST
Govt committed to work for betterment of every citizen: Jaitley
Expressing happiness over the conclusion of 10th bipartite wage negotiations between Public Sector Banks (PSBs) and their employees, Finance Minister Arun Jaitley on Tuesday said the government is committed to work for the betterment of every citizen.
Feb 24, 2015, 14:21 PM IST
Gandhi hails new recapitalisation plan for PSBs
Reserve Bank Deputy Governor R Gandhi today welcomed the government's move to give priority for well-performing banks in capitalisation, saying it is the "right message" for improving efficiency of lenders, and flagged concerns over the rising NPAs in the system.
Feb 09, 2015, 19:07 PM IST
Govt to infuse Rs 6,990 crore in 9 public sector banks; SBI leads the pack
Government will soon infuse Rs 6,990 crore in nine public sector banks including SBI, Bank of Baroda (BoB), Punjab National Bank (PNB) for enhancing their capital and meeting global risk norms.
Feb 07, 2015, 14:55 PM IST
Bank employees to go on strike from Jan 21
Public sector bank employees have decided to go on a 4-day strike from January 21 to protest against the "rigid and callous attitude" of Central Government in resolving the long pending wage revision issue, a senior union leader said here Monday.
Jan 19, 2015, 13:42 PM IST
15 GMs short-listed for appointment as 14 EDs in banks
A government-appointed selection panel has short-listed 15 general managers for appointment as 14 executive directors in various public sector banks, sources said on Wednesday.
Jan 14, 2015, 22:42 PM IST
Govt stake dilution not sufficient for Basel III: RBI
The Reserve Bank of India (RBI) Saturday said dilution of government holding in public sector banks (PSBs) may not be sufficient for meeting Basel III capital adequacy norms.
Jan 10, 2015, 14:18 PM IST
Bank unions defer proposed strike on January 7
Public sector bank employee unions have defered their one-day strike, proposed for Wednesday.
Jan 06, 2015, 19:36 PM IST
PSU bank unions defer one-day strike
Employee unions of public sector banks on Tuesday deferred their proposed one-day strike on January 7.
Jan 06, 2015, 19:00 PM IST
No desire to reduce stake in PSU banks: Govt
Government on Monday said it has no desire to reduce its stake in public sector banks at "current valuation".
Jan 05, 2015, 16:56 PM IST
Take decisions without fear or favour: Govt to banks
The Finance Ministry communication further said that banks should take all commercial decisions "objectively, based on facts of the case".
Jan 05, 2015, 16:27 PM IST
FinMin mulls roping in private professionals for top job at PSBs
The Finance Ministry is considering a proposal to rope in professionals from the private sector for appointment of chairman and CEO-cum-managing director in state-owned financial institutions as it looks for talent from a wider pool of applicants.
Jan 02, 2015, 16:46 PM IST
