public sector banks


Job Losses, Pay Cuts Impact? Bank Deposits Sink ₹74,727 Cr As Of June 19

Finance - Published date: .

Either people are dipping into savings or diversifying into MFs and stocks Read more

If Not For Provisions, We Would Have Reported ₹200 Crore In Profit: Bank Of Maharashtra Chief

Finance - Published date: .

Bank of Maharashtra (BoM) would have posted higher profit in the fourth quarter of FY20, but for the conscious decision ... Read more

Covid-19: Banks Look To Float AMC To Deal With Bad Loans

Finance - Published date: .

Fearing a spurt in bad loans due to the impact of the Covid-19 pandemic, banks are looking to revive a two-year old prop... Read more

Write-down Of YES Bank AT-1 Bonds Will Adversely Impact Future Issuances: ICRA

Finance - Published date: .

 Investor appetite for future issuances of Additional Tier-I (AT-1) bonds make take a hit following the proposed write-... Read more

PSBs Recover Record ₹2.03 Lakh Crore Bad Loans In Last One-and-half Years: FM

Finance - Published date: .

Bad loans fall to ₹7.27 lakh crore at the end of September 2019, down from ₹8.96 lakh crore at the end of March 2018... Read more

Merger Of 3 PSBs — Structurally And Culturally

Finance - Published date: .

At a two-day summit in Kerala recently, top management of Union Bank of India, Andhra Bank and Corporation Bank met to a... Read more

SEBI Directive: Banks Start Disclosing Divergence In Asset Classification And Provisioning

Finance - Published date: .

United Bank of India, Union Bank of India, Indian Bank and Corporation Bank have so far made disclosure of divergences a... Read more

Bank Of Baroda Stares At Vacant Leadership As PS Jayakumars MD/CEO Term Comes To An End

Finance - Published date: .

BoB is the second largest public sector bank which does not have a CEO Read more

Bank Of Baroda Launches Agri Digital Platform

Finance - Published date: .

Bank of Baroda launched its agri digital platform “Baroda Kisan” on Saturday. The platform can also be accessed on m... Read more

Home, Auto Loans On PSB Loans In 59 Minutes Portal Soon

Finance - Published date: .

Public sector banks are gearing up to introduce retail products, including housing and auto loans, on ‘psbloansin59min... Read more

SBIs Festive Offers: Should You Go For The Banks Repo-linked Home Loan?

Finance - Published date: .

While the transmission will happen faster, it can make EMIs more volatile and pinch you when rates increase Read more

Deposit Rates Are Falling. What Should You Do

Finance - Published date: .

You can still earn decent returns by following these 5 mantras Read more

Explore PPP Model In PSBs

Finance - Published date: .

The government could explore the public-private partnership (PPP) arrangement for public sector banks, by inducting a pr... Read more

Govt Must Set Clear Objectives, Mandates For PSBs

Finance - Published date: .

Lenders must fully comply with disclosure and transparency norms and their boards need to function independently, says U... Read more

United Bank Of India Posts Rs 105 Cr Profit In Q1 As NPAs Decline

Finance - Published date: .

Backed by a steady decline in non-performing assets, improvement in net interest income, trading profit, and higher reco... Read more

RBIs Digital-district Idea Fraught With Challenges

Finance - Published date: .

The idea of digitally-enabled districts, to be facilitated by public sector banks, is timely but challenges are galore,... Read more

PSBs Need ₹50,000-crore Growth Capital This Fiscal: SBI Report

Finance - Published date: .

‘Consolidation will improve banks’ ability to lend for developmental needs’ Read more

Gross NPAs Of Banks May Reduce To Eight Per Cent By March 2020: Report

Finance - Published date: .

NPA in the banking system had peaked at 11.5 per cent in March 2018 Read more

Oriental Bank Q3 Net At Rs 144.96 Crore

Finance - Published date: .

Aided by tax write back of Rs 2,862.44 crore, Oriental Bank of Commerce (OBC) on Tuesday reported net profit of Rs 144.9... Read more