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  Govt not to interfere in working of state-owned banks: PM

  January 03, 2015 22:21 IST

  Pune: Prime Minister Narendra Modi today pledged not to interfere in the functioning of public sector banks, but wanted the lenders to be accountable failing which interventions in public interest could be made.At the concluding

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  Combine Laxmi with Saraswati: PM to bankers

  January 03, 2015 22:05 IST

  Pune: Prime Minister Narendra Modi today took to mythology to underscore a need for building adequate knowledge capacities in the banking space, saying that Laxmi - goddess of wealth - would stay longer when combined

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  Govt to protect commercial decisions by PSU banks: Jaitley

  January 03, 2015 21:38 IST

  Pune: Committing to bold reforms that would professionalise public sector banks, Finance Minister Arun Jaitley today assured bankers that government was ready to protect their commercial decisions as “risks have to be taken” by them.Speaking

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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