Friday, Feb 23, 2024 | Last Update : 07:26 PM IST

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.

17 Oct 2019 2:47 PM

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.

21 Feb 2019 5:19 PM

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.

21 Feb 2019 1:57 PM

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.

18 Feb 2019 10:28 AM

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.

17 Feb 2019 4:21 PM


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.

28 Aug 2018 7:10 PM

Clean Banking is new normal for banks, says Rajiv Kumar

The NPA crisis brought opportunity for introduction of responsible and responsive banking.

19 Aug 2018 10:52 AM

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.

07 Aug 2018 1:20 PM

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.

28 Jul 2018 2:15 PM

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.

01 Apr 2018 11:41 AM


India should prioritise public banking sector reforms: IMF

Current account deficit should remain modest, financed by robust foreign direct investment inflows.

13 Oct 2017 8:30 PM

PSU bank employees go on strike; services hit

The strike has been called by all unions under the aegis of the United Forum of Bank Unions (UFBU).

22 Aug 2017 11:06 AM

No more lobbying in public sector bank appointments: Govt

Two big issues that Indian public sector banks grapple with are high NPAs and inadequate systemic safeguards.

17 Aug 2017 3:43 PM

Agriculture’s 1991-moment

Agriculture has been ill-served by the indifference of the Establishment for the last at least 40 years.

02 Jul 2017 6:31 AM

Public sector banks to raise money through equity dilution

The banks which including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore.

04 Jun 2017 10:44 AM


SBI to hire lesser number of staff in financial year 2018

Merger of five associate banks has brought some thousands of employees to SBI's total staff kitty.

20 May 2017 3:21 PM