Public sector banks have no power to issue look out circulars to defaulters: Bombay HC

Public sector banks have no power to issue look out circulars to defaulters: Bombay HC

The Bombay High Court on Tuesday ruled that public sector banks do not have the power in law to issu..

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..

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 ..

Public sector banks more than double their profits in Q1

Public sector banks more than double their profits in Q1

Public sector banks (PSBs) have more than doubled their profits to Rs 34,774 crore in the fisca..

Public sector banks in real danger of privatisation: AIBOC

Public sector banks in real danger of privatisation: AIBOC

Public sector banks, which play a crucial role in bridging the economic divide in society, are in “r..

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

The cumulative profit of public sector banks (PSBs) has crossed the Rs 1 lakh crore-mark in the fina..

The turnaround story of public sector banks

The turnaround story of public sector banks

Public sector Banks have turned around, after posting a net loss of Rs 85,390 crore in 2017. They en..

Govt appoints 10 executive directors for public sector banks

Govt appoints 10 executive directors for public sector banks

The government has approved the appointment of ten executive directors in various public sector bank..

Govt to infuse capital in weak public sector banks

Govt to infuse capital in weak public sector banks

Weak public sector lenders like Central Bank of India and Punjab & Sind Bank will get the lion's..

Niti Aayog submits names of public sector banks for privatisation

Niti Aayog submits names of public sector banks for privatisation

The privatisation of two public sector banks seems to be moving forward. Niti Aayog, the government ..

RBI Guv asks public sector banks to strengthen balance sheets

RBI Guv asks public sector banks to strengthen balance sheets

Reserve Bank of India (RBI) Governor Shaktikanta Das has asked public sector banks to continue with ..