Currently, PSBs are majorly owned by the government with a minimum stake of 58 per cent
The amendment is likely to be introduced in the ongoing winter session of Parliament.
Without disclosing the quantum of Recap bonds that would form part of the Supplementary demand for grants
District Consumer Redressal Forum has rejected four complaints against the State Bank of India
Citizens getting calls for linking bank accounts to Aadhaar — and adhere to the December 31 deadline
Public sector lender Corporation Bank today said it has reduced its marginal cost of funds based lending rate (MCLR) by 0.1 percentage point for overnight loan maturities. The bank has…
Friday meeting may also discuss the way forward for the controversial Financial Resolution and Deposit Insurance (FRDI) Bill,
The bank had a net non-performing assets ratio of 10.24 percent as of end-September.
The government is trying to strengthen the banking system by policy initiatives on a daily basis.
This penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949