Nationalised Banks

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Nationalised Banks - Total results - 13
Ensure there are no complaints from Maharashtra farmers about not getting crop loans, Uddhav Thackeray tells officials
India

Ensure there are no complaints from Maharashtra farmers about not getting crop loans, Uddhav Thackeray tells officials

Uddhav Thackeray has asked state agriculture minister Dadaji Bhuse and co-operation minister Balasaheb Patil to ensure proper disbursement of crop loans.

Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes
Business

Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes

All public sector banks, old generation private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Federal Bank are members of IBA

Budget 2020: FinMin likely to push for Rs 25,000-Rs 30,000 cr interim dividend from RBI; to help fiscal deficit slippages
Business

Budget 2020: FinMin likely to push for Rs 25,000-Rs 30,000 cr interim dividend from RBI; to help fiscal deficit slippages

In the past RBI has paid a total Rs 38,000 crore as an interim dividend (Rs 28,000 crore in FY19 and Rs 10,000 crore in FY18)

Ahead of Maharashtra poll results, state revenue minister Sanjay Rathod says farm loan waiver was counter-productive, blames nationalised banks
Politics

Ahead of Maharashtra poll results, state revenue minister Sanjay Rathod says farm loan waiver was counter-productive, blames nationalised banks

Shiv Sena leader and Minister Of State for Revenue Sanjay Rathod spoke about the manner in which farm loan waiver were imposed by the Maharashtra government, and its consequences. Rathod conceded that the implementation could have been better, and it might hamper the ruling alliance in the Assembly elections.

CBI cracks down on loan defaulters in over 61 locations, files 17 FIRs involving funds of Rs 1,139 crore
Business

CBI cracks down on loan defaulters in over 61 locations, files 17 FIRs involving funds of Rs 1,139 crore

The figure, which stood at around Rs 640 crore, swelled to Rs 1,139 crore as the agency continued filing of FIRs

Bank fraud case: ED attaches Rs 28-cr assets of Paramount Airways promoter Thiagarajan under PMLA
Business

Bank fraud case: ED attaches Rs 28-cr assets of Paramount Airways promoter Thiagarajan under PMLA

Paramount Airways Private Limited availed various credit facilities from five nationalised banks on the basis of credit insurance policies issued by Oriental Insurance Company Limited, the agency said.

Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscal
Business

Finance Ministry expects Rs 69,000 cr in dividend from RBI in 2019-20; central bank has transferred Rs 40,000 cr this fiscal

The receipt from various sources, including RBI dividend, helps government meet fiscal deficit target.

Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?
Business

Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?

The banking sector in India is getting 'privatised' on its own, even though the government continues to own 21 public sector banks.

Maharashtra farm loan waiver still leaves many in the lurch, 38 lakh farmers yet to receive benefits of scheme
India

Maharashtra farm loan waiver still leaves many in the lurch, 38 lakh farmers yet to receive benefits of scheme

Seven months after its announcement by Devendra Fadnavis, the implementation of Maharashtra's farm loan waiver scheme still leaves much to be desired.

Consolidation of public sector banks: Govt says no proposal of PSBs merger under consideration
Business

Consolidation of public sector banks: Govt says no proposal of PSBs merger under consideration

MoS for finance says the government has put in place an approval framework for proposals to amalgamate nationalised banks.

Maharashtra loan waiver: Devendra Fadnavis admits goof up, says scheme on till 'every eligible farmer included'
India

Maharashtra loan waiver: Devendra Fadnavis admits goof up, says scheme on till 'every eligible farmer included'

Maharashtra chief minister Devendra Fadnavis, addressing the the Maharashtra Assembly Thursday, admitted his government made mistakes implementing the farmers' loan waiver scheme but stated that those errors were later rectified. He added that the scheme would continue until 'every eligible farmer was included'.

Maharashtra loan waiver: How banks undid Fadnavis' pet plan, forcing him to delink Aadhaar from disbursal
India

Maharashtra loan waiver: How banks undid Fadnavis' pet plan, forcing him to delink Aadhaar from disbursal

Maharashtra chief minister Devendra Fadnavis’ dream of delivering the country’s first, blemishless, Aadhaar-linked farm loan waiver scheme has turned into a nightmare.

Maha farm loan waiver: Banks goof up beneficiary list big time, bring Devendra Fadnavis' plan to grinding halt
India

Maha farm loan waiver: Banks goof up beneficiary list big time, bring Devendra Fadnavis' plan to grinding halt

In the hurry to submit the farmers' details to the government majority banks have submitted incorrect data for the farmers' loan waiver scheme