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Latest News on Public Banks
Showing of 0 - 10 from 19 results
Public Banks - Total results - 19
Jul 03, 2017
More than 90 percent Indian customers prefer visiting bank branch over Internet banking: Report94 percent of retail banking Indian customers visit the branch/store at least once in the past 12 months.
Aug 17, 2015
What Indradhanush missed: Govt's revival plan for public banks should address NPA woesThe government should act on these three points if banks’ NPA problems need to be addressed effectively.
Aug 17, 2015
No more, says Finance Ministry after hiring private professionals to head two public banksHaving appointed private sector professionals to head two large public sector banks (PSBs), the Finance Ministry said further such hiring of CEO and managing directors in banks would be from existing public sector talent pool.
Feb 25, 2015
SBI taking over Kingfisher House shows public banks are finally taking on influential defaultersSBI claimed the property, spread over 17,000 square feet and which houses some of Kingfisher's key offices, after securing a favorable ruling from the Chief Metropolitan Court in Mumbai.
Nov 26, 2014
PSU banks want to raise $60 bn as buffer against bad loans but investors scepticalWith their asset-quality deteriorating and credit demand slackening due to a sluggish economy and politically motivated lending, tapping the capital markets won't be easy for Indian public banks.
Oct 05, 2014
Lessons learnt? FinMin asks public banks to tighten norms for high value FDsThis is is seen as a move to check the kind of frauds suspected to have been committed at Dena Bank and OBC.
Aug 25, 2014
Syndicate Bank scam fallout: Govt considers splitting CMD post in public banksLast week, Finance Minister Arun Jaitley had said the government was taking steps to professionalise the management and help them strengthen the risk management system in the public sector banks.
Aug 14, 2014
Rajan's advice to Jaitley: Merging weak PSU banks with strong ones is a recipe for disasterIt is better to treat stress associated with each banks separately. Consolidation can happen in the cases of stronger banks, where, as Rajan said, there will not be any problems to fix other than the merger itself.
Aug 07, 2014
Syndicate Bank is no one-off: Dear Rajan, here's what you must do to clean up public banksHere are three fundamental factors that could lead to Syndicate Bank-like instances in other government banks.
Oct 10, 2013
PSU banks cut rates on retail loans, but you should be waryDena Bank Ltd has a home and car loan combo deal where home loan will be a 10.25 percent while car loan would be 11.75 percent. While the bank's corporate salary account holders would get consumer durables at a discount of 100 basis, at 12 percent.