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Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

2 bank unions call for two-day strike on January 8-9

Strike call given by 10 central trade unions against the government's alleged anti-worker policy.

5 Jan 2019 4:07 PM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Bank unions defer 2-day strike; operations to be normal on Sep 26-27

Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against merger.

24 Sept 2019 8:57 AM IST

According to a source, the appointment of Challa Sreenivasulu Setty as managing director (MD) of SBI has been cleared by the BBB, headed by former Department of Personnel and Training secretary BP Sharma, while the name of Ashwin Bhatia, MD & CEO of SBI Mutual Fund, has been kept as a standby for the same position.

Operations may be impacted due to bank unions' two-day strike: SBI

Bank unions have called for a two-day nationwide strike on January 31 and February 1.

24 Jan 2020 12:59 PM IST