Govt to help MSMEs access bank loans at cheaper rates: Mishra
The MSME Ministry is in talks with public sector banks to extend loans to micro, small and medium enterprises at base rate to help the sector access vast capital from financial institutions at lower costs, Union Minister Kalraj Mishra said today.
Sep 17, 2014, 15:52 PM IST
PM to launch Jan Dhan Yojana on Aug 28; 1 crore bank A/Cs on day 1
The government plans a mega launch of the Pradhan Mantri Jan Dhan Yojana (PMJDY) by Prime Minister Narendra Modi on August 28, which is likely to see opening of one crore bank accounts on the first day itself.
Aug 26, 2014, 20:00 PM IST
Government likely to split PSU bank CMD's post
The government might also rejig the hierarchy in PSU banks in order to cut down political interference in its working.
Aug 18, 2014, 11:02 AM IST
RBI, Cabinet Secy scrutinising appointments of PSB chiefs
A panel headed by RBI Governor selects PSU bank chiefs.
Aug 14, 2014, 21:39 PM IST
Finmin to finalise capital raising plan for PSU banks next month
The ministry has received the report from SBI Cap on the requirement of various public sector banks.
Aug 14, 2014, 18:25 PM IST
PSU banks profit plunges 27% to Rs 37,000 cr in FY14
These banks in which government owns more than 51 percent had total net profit of Rs 50,583 crore in 2012-13.
Aug 05, 2014, 19:04 PM IST
Public sector banks' governance needs a re-look: Rajan
Reserve Bank of India (RBI) Governor Raghuram Rajan said Tuesday there is need for a re-look at the governance of the public sector banks.
Aug 05, 2014, 14:01 PM IST
RBI initiates inspection of Syndicate Bank
Admitting that there are governance issues in the public sector banks, RBI Governor Raghuram Rajan underlined the need for improving transparency in sanction of loans.
Aug 05, 2014, 13:48 PM IST
Arun Jaitley to meet heads of PSU banks today
Finance Minister Arun Jaitley will hold his first meeting with all the heads of public sector banks and financial institutions on comprehensive financial inclusion agenda Thursday.
Jul 31, 2014, 09:12 AM IST
Arun Jaitley to meet heads of PSU banks on financial inclusion tomorrow
Finance Minister Arun Jaitley will hold his first meeting with all the heads of public sector banks and financial institutions on comprehensive financial inclusion agenda Thursday.
Jul 30, 2014, 16:28 PM IST
Arun Jaitley to meet heads of PSU banks on Thursday
Finance Minister Arun Jaitley is scheduled to hold his first meeting with all the heads of the public sector banks on July 31 and is expected to impress upon them the need to lower interest rates for boosting growth.
Jul 28, 2014, 17:25 PM IST
CBI registers preliminary inquiry against Adani Group
CBI has begun an inquiry into the alleged inflated credit facility availed from banks by Adani Group by over-invoicing for importing power sector equipment to the tune of Rs 2300 crore.
Jul 24, 2014, 22:57 PM IST
Recapitalisation of PSU banks is on high priority: Jaitley
Finance Minister Arun Jaitley on Saturday said recapitalisation to the tune of Rs 2.4 lakh crore in public sector banks to meet Basel III norms is a 'high priority' item for the government.
Jul 19, 2014, 14:48 PM IST
Draft Cabinet note for govt stake dilution in SBI next month: Sandhu
Finance Ministry is likely to prepare draft cabinet note for government stake dilution in State Bank of India in August to enable it to raise capital for meeting Basel III norms.
Jul 19, 2014, 14:26 PM IST
FinMin examining issues concerning merger of PSU banks: Sandhu
Finance Ministry on Saturday said it is examining various issues pertaining to mergers of public sector banks and that there will be some forward movement in the current year itself.
Jul 12, 2014, 17:54 PM IST
No proposal to dilute govt ownership in PSBs below 50%: Govt
The government on Tuesday said there is no proposal to dilute its ownership in public sector banks (PSBs) below 50 percent.
Jul 08, 2014, 19:21 PM IST
