PSU banks’ compensation against fraud rises over three-fold in FY24: FM

PSU banks’ compensation against fraud rises over three-fold in FY24: FM

Public sector banks have reported over three-fold jump in compensation towards frauds or e-frauds re..

Bank unions write to FM for merger of RRBs with sponsor banks

Bank unions write to FM for merger of RRBs with sponsor banks

Two bank unions -- AIBOC and AIBEA -- have demanded the merger of Regional Rural Banks (RRBs) with t..

FM Nirmala Sitharaman’s Interim Budget 6% higher than FY24

FM Nirmala Sitharaman’s Interim Budget 6% higher than FY24

Finance Minister Nirmala Sitharaman has presented the interim budget for 2024-25 the size of which i..

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

Public sector banks get Rs 15,183 crore on ED action: FM Nirmala Sitharaman

The Enforcement Directorate (ED) has confiscated assets worth Rs 15,186.64 crore under the stringent..

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

FM Sitharaman reviews PSBs’ preparedness amid banking crisis in US, Europe

Amid turbulence across the global banking sector, Finance Minister Nirmala Sitharaman has asked stat..

Adani issue: Regulators very experienced and seized of the matter, says FM

Adani issue: Regulators very experienced and seized of the matter, says FM

Finance Minister Nirmala Sitharaman on Saturday said the country's regulators are very experienced a..

Banks write-off Rs 10 lakh crore of bad loans in last 5 financial years: FM

Banks write-off Rs 10 lakh crore of bad loans in last 5 financial years: FM

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, fina..

Budget: FM proposes amendments in IBC for better loan recovery

Budget: FM proposes amendments in IBC for better loan recovery

Union Finance Minister Nirmala Sitharaman on Tuesday proposed amendments to the Insolvency and Bankr..

India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

India needs 4-5 more SBI sized big banks: FM Nirmala Sitharaman

The coronavirus pandemic has only accelerated India’s need to have 4-5 more SBI sized banks, Finance..

FM Sitharaman on loan outreach, bank credit and insurance

FM Sitharaman on loan outreach, bank credit and insurance

Finance Minister Nirmala Sitharaman on Wednesday announced a district-wise credit outreach programme..

FM unveils Rs 6 lakh cr asset monetisation pipeline

FM unveils Rs 6 lakh cr asset monetisation pipeline

Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipe..

FM Sitharaman's 8 new schemes to pump up economy

FM Sitharaman's 8 new schemes to pump up economy

Finance Minister Nirmala Sitharaman on Monday announced eight economic relief measures to lift the e..

FM Sitharaman's Rs 10,000-cr package to boost rural employment

FM Sitharaman's Rs 10,000-cr package to boost rural employment

orming part of the Centre's economic stimulus, Finance Minister Nirmala Sitharaman has announced an ..

FM Nirmala Sitharaman announces Rs 2.65 lakh cr stimulus package

FM Nirmala Sitharaman announces Rs 2.65 lakh cr stimulus package

Finance Minister Nirmala Sitharaman has announced as many as 12 measures to ignite growth in the man..

All bank accounts should be linked with Aadhaar by March 2021: FM

All bank accounts should be linked with Aadhaar by March 2021: FM

Banks must ensure that all accounts are linked with Aadhaar numbers of respective customers by 31 Ma..