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GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

4 July 2017 1:48 PM IST

PSBs make offer of appointment after verification of the eligibility and identity of the candidate and supporting documents. (Representational Image)

4 PSBs detect 315 cases of fake certificates for appointment

PSBs have managerial autonomy in recruitment of officers, clerical and sub-staff.

24 March 2017 5:40 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

Bank strike affects deals worth Rs 1 lakh crore

The UFBU is an umbrella body of 9 unions, but two of Bharatiya Mazdoor Sangh affiliates are not part of the stir.

1 March 2017 6:27 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

10 PSU banks submit 'recapitalisation' plans to govt

Allahabad Bank, Dena Bank, UCO Bank, United Bank of India and Bank of Maharashtra are some of the 10 PSU banks.

25 July 2017 6:59 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI not reviewing 90-day NPA classification window: Govt

Gross of NPAs of the public sector banks totalled more than Rs 6.41 lakh crore at March end.

18 July 2017 4:36 PM IST

Finance Minister Arun Jaitley at a press conference after cabinet meeting in New Delhi. (Photo: PTI)

Jaitley to review NPAs issue with banks on June 12

Non-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark.

26 May 2017 6:24 PM IST

SBI chairperson Arundhati Bhattacharya said ATMs will start dispensing 50 and 20 rupee notes in coming days. (Photo: PTI)

Why SBI group banks' profit fell by Rs 11,984 crore

Five associate banks that have got merged with SBI reported losses affecting parent bank.

25 May 2017 5:19 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI refuses to disclose list of loan defaulters

Apex court had stated that the RBI is supposed to uphold public interest and not the interest of individual banks.

23 May 2017 2:39 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

This is how RBI will deal with $150-bn bad loans

Only two weeks ago, government gave central bank greater power to tame bad loans.

23 May 2017 10:44 AM IST

The industrial sector contributed over 15 per cent to the NPAs followed by agriculture and services in the region of six per cent and retail loans which were the lowest at 2.3 per cent.

Note ban may spike bad loans in second half of FY17

The highest level was in education loans followed by auto, consumer durables and mortgages.

31 Dec 2016 3:55 AM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

IDS II to fund Pay Commission, PSB recapitalisation

Under this scheme, black money hoarders would have time until March-end to come clean by paying 50 per cent tax.

29 Dec 2016 1:23 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Govt asks PSBs to finalise next wage revision before Nov 1

There are 21 public sector banks, post merger of six lenders with SBI, in the country.

9 April 2017 12:18 PM IST