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  Have initiated reforms to improve banking sector: PM Modi

  October 19, 2015 20:23 IST

  New Delhi: Prime Minister Narendra Modi today said the government has initiated a series of banking reforms including re-capitalisation of PSU banks, change in rules for hiring top management and paper-less transactions to curb the

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  Gyan Sangam: Create structures for easy capital to PSU banks, says Banking Secy

  January 02, 2015 15:49 IST

  Pune: Mergers and acquisitions are not the only way for consolidation in public sector banks, as creating a mechanism for easier access to capital would also improve their balance sheets, Financial Services Secretary Hasmukh Adhia

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  Modi to brainstorm with bankers on public sector bank reforms on January 3

  December 24, 2014 14:26 IST

  New Delhi: Prime Minister Narendra Modi will hold discussions with bankers on January 3 at Pune to draw an "action plan" for reforms in the public sector banks (PSBs).Modi will be interacting with bankers on

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  CVC seeks bank officials' help in probing corruption cases

  India | November 09, 2014 9:50 IST

  New Delhi: The Central Vigilance Commission (CVC) has decided to expand its pool of officers drawn from public sector banks to help it probe corruption complaints in the banking sector.The CVC has written to several

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  CBI starts probe against big loan defaulters

  India | August 21, 2013 17:02 IST

  New Delhi:  CBI has initiated an inquiry into cases of defaulters of big loans from public sector banks, its chief Ranjit Sinha said today while emphasising that bulk of non-performing assets were connected to 30

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  Cobrapost expose: India's 3 largest private banks deny money laundering charges

  March 14, 2013 22:18 IST

  New Delhi, Mar 14 : The country's three largest private banks were today accused of indulging in money laundering both within and outside with an online portal claiming that a. sting operation conducted by it

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  Banking sector to consolidate globally, says Anshu Jain

  June 03, 2012 12:08 IST

  Berlin, Jun 3: Banking sector is set to consolidate globally with only five or six lenders emerging as major players and Deutsche Bank should be among them, co-CEO of Germany's largest lender Anshu Jain said

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  India To Be World's Third Largest Domestic Banking Sector By 2050

  June 06, 2011 20:02 IST

  Mumbai, Jun 6: India is poised to become the third largest domestic banking sector by 2050 after China and the US, a survey by a leading global accounting and consultancy firm, saidChina could overtake the