Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

Karnataka govt withdraws boycott circular as SBI, PNB repay Rs 23 crore

The Karnataka government has withdrawn its boycott of the State Bank of India (SBI) and Punjab Natio..

Karnataka govt puts accounts closure call with SBI, PNB on hold

Karnataka govt puts accounts closure call with SBI, PNB on hold

After directing all its departments and public sector units to close their accounts at State Bank of..

Govt rakes in Rs 98,681 cr from long-term capital gains on listed equities

Govt rakes in Rs 98,681 cr from long-term capital gains on listed equities

The government has mopped up Rs 98,681 crore from long term capital gains tax on listed equities in ..

Four PSU banks pay Rs 6,481 crore dividend to Govt

Four PSU banks pay Rs 6,481 crore dividend to Govt

Four public sector banks, including Canara Bank and Indian Bank, presented dividend cheques worth Rs..

SBI pays Rs 6,956 crore dividend to govt

SBI pays Rs 6,956 crore dividend to govt

The government has received a dividend cheque of Rs  6,959.29 crore for the financial year 2023..

17% wage hike for bank employees; 5-day work week awaits govt nod

17% wage hike for bank employees; 5-day work week awaits govt nod

Public sector banks will have to bear the burden of an additional yearly outgo of around Rs 8,284 cr..

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

Govt appoints Bank of Maharashtra CEO as vigilance commissioner

State-owned Bank of Maharashtra on Thursday said the government has appointed its managing director ..

Govt eyes Rs 1.02 lakh crore dividend income from RBI, PSU banks in FY25

Govt eyes Rs 1.02 lakh crore dividend income from RBI, PSU banks in FY25

The government expects to receive Rs 1.02 lakh crore as dividend from the Reserve Bank of India (RBI..

Govt hikes interest rate on two small savings schemes

Govt hikes interest rate on two small savings schemes

The government has hiked the interest rates on Sukanya Samriddhi scheme by 20 basis points and three..

 IDBI Bank stake sale: Govt invites fresh bids from asset valuers

IDBI Bank stake sale: Govt invites fresh bids from asset valuers

The government has issued a fresh RFP for the appointment of asset valuer for the strategic sale of ..

IDBI Bank stake sale: Govt cancels bid for asset valuer

IDBI Bank stake sale: Govt cancels bid for asset valuer

IDBI Bank’s stake sale is set for further delay as low bidder interest has prompted the government t..

Govt clears 12 ED appointments in public sector banks

Govt clears 12 ED appointments in public sector banks

The government has approved the appointments of 12 general managers as executive directors (EDs) of ..

Govt mulls changes in IBC, insurers may get financial creditor status

Govt mulls changes in IBC, insurers may get financial creditor status

The government is considering making changes in the Insolvency and Bankruptcy Code (IBC) to consider..

Govt invites bids to engage asset valuer for sale of IDBI Bank

Govt invites bids to engage asset valuer for sale of IDBI Bank

Seeking to sell a majority stake, the government has invited bids to engage an asset valuer for the ..

Govt hikes interest rates on select small savings schemes

Govt hikes interest rates on select small savings schemes

The government has hiked interest rates on select saving schemes by up to 30 basis points for the Ju..