public sector bank
Govt obsessed with blaming opponent for bank crisis: Manmohan Singh
The statement came as a response to Sitharaman’s remark blaming Singh and Raghuram Rajan for the bank crisis.
CARE Ratings to government: From where will you get the recap funds for PSBs?
The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.
State-run banks' shares jumped after government announced fund infusion
The government had in October 2017 said it would infuse a total 2.11 trillion rupees into state-run lenders over two years.
Banks expect liquidity to remain tight in Q4: Survey
The liquidity scenario remained in deficit in the third quarter of 2018-19, the survey said.
Indian Bank revises interest rates on term deposits
The Indian Bank announced upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore.
LIC to buy 14.9 per cent stake in IDBI Bank
Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.
Clean Banking is new normal for banks, says Rajiv Kumar
The NPA crisis brought opportunity for introduction of responsible and responsive banking.
PNB posts Rs 940 crore loss in Q1
Total income of the bank rose to Rs 15,072 crore from Rs 14,468.14 crore in the year-ago period.
Bank of Baroda net profit up over two-times at Rs 528 crore
The bank had reported a net profit of Rs 203.39 crore in the same quarter of 2017-18.
PSBs have a role, needed to push infra growth: Vinod Rai
Vinod Rai said public sector banks still have a role specially in the creation of infrastructure in the country.