Currently, PSBs are majorly owned by the government with a minimum stake of 58 per cent
Without disclosing the quantum of Recap bonds that would form part of the Supplementary demand for grants
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.
AIBEA said: “The bill has created widespread fear, apprehension and panic amongst the depositor’s
Post the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches.
A statement issued by the bank union said that the Bill contained several suggestions that would badly affect the banking sector
State Bank of India has raised interest rates on bulk deposits of above Rs 1 crore by 100 basis points or one percentage point. Bulk deposits for the 7 to…
Allahabad Bank has always tried to offer its customers various products at an attractive rate