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3 mins read
Mega-merger of PSU banks to be effective from Wednesday; 6 banks cease to exist
Commenting on the consolidation, Canara Bank MD L V Prabhakar said, "We are delighted that followin…
PTI
3 mins read
2 mins read
Previous govts drafted Union Budget with eye on vote bank: PM
"From decades, the meaning of budget in our country was only restricted to what announcements have …
PTI
1 min read
HDFC Bank introduces mobile ATMs in Kolkata
"Our mobile ATM facility will help our customers andthe general public get access to easy cash with…
PTI
2 mins read
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…
1 min read
FM to meet heads of merging banks on Thursday
As per the proposal, Oriental Bank of Commerce (OBC) and United Bank of India (UBI) would be merge…
PTI
1 min read
PNB says no proposal for changing bank's name
"We have requested Finance Minister that the name of the new bank to be created after amalgamation…
PTI
2 mins read
Indian government decides to merge ten public sector banks to form four large entities
Indian finance minister Nirmala Sitharaman today announced the merger of ten state-owned banks into…
1 min read
Six banks lost their identity today: Jairam Ramesh
"Today two pioneers in Indian banking - Andhra Bank and Syndicate Bank - lose their distinctive ide…
PTI
2 mins read
8 Super Expressways In North India That Fulfil Your Need For Speed
Even in this age of jet travel and space tourism, highways hold an irresistible charm for traveller…
1 min read
Economy needs support from PSBs: Union Bank chief
Recently, Oriental Bank of Commerce and United Bank of India were merged into Punjab National Bank,…
PTI
1 min read
Indian Bank NPA to rise, no change in board post-merger
"We have done our projection that it should be wellenough to take care of the growth for at least t…
PTI
2 mins read
Govt closely monitoring agriculture credit given by banks: FM
"Credit limit has been expanded. I am sure it is based on local ground level requirement...we expe…
PTI
1 min read
Irdai issues guidelines to protect interest of policyholders of merged banks
New Delhi, Jan 28 () Group health insurance policies of customers of the public sector banks slated…
PTI
2 mins read
Finmin may review capital requirement of PSU banks after second quarter
Ratings agency Fitch has estimated a shortfall of USD 15 billion (about Rs 1.25 lakh crore) by Ind…
PTI
1 min read
Govt appoints L V Prabhakar as MD of Canara Bank
New Delhi, Jan 24 () The government on Friday announced appointment of L V Prabhakar as managing di…
PTI
2 mins read
Here’s how MSMEs can apply for loans from SBI, ICICI Bank and others
The government had also recently revised the definition of MSMEs by increasing the threshold lim…
2 mins read
Govt unlikely to announce capital infusion for PSU banks in Budget
New Delhi, Jan 5 () The government is unlikely to announce capital infusion for the public sector b…
PTI
1 min read
IDBI Bank's board approves appointment of Anshuman Sharma as govt nominee director
"The Board of Directors has approved the appointment of Anshuman Sharma, Director, Ministry of Fin…
PTI
2 mins read
IDBI Bank likely to be out of PCA framework in fourth quarter
New Delhi, Dec 22 () LIC-controlled IDBI Bank expected to come out of the Prompt Corrective Action …