Psu Bank
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Buying a home? Check these 5 PSU banks offering the lowest home loan interest rates
January 15, 2026 15:28 ISTAfter the Reserve Bank of India's decision to substantially reduce the repo rate last year, public sector banks have significantly lowered their home loan interest rates.
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Profit of PSU banks more than doubles to Rs 34,774 cr in Q1
Business | August 06, 2023 21:24 ISTThe highest percentage growth was recorded by Punjab National Bank, which earned a profit of Rs 1,255 crore against Rs 308 crore in the same quarter of the previous year, a growth of 307 per cent.
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Finance Ministry asks IBA to finalise wage revision of bankers of PSU banks by Dec 1
Business | July 10, 2023 15:01 ISTThe wage revision for employees and officers of the public sector banks is due from November 1, 2022.
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Bank of Maharashtra tops list of PSU lenders in credit growth in Q2
Business | November 13, 2022 13:49 ISTAs per the analysis, gross NPAs reported by BoM and SBI were 3.40 per cent and 3.52 per cent of their total advances, respectively, in the second quarter.
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Govt to amend two Acts to enable privatisation of PSU banks
Business | February 16, 2021 14:23 ISTFinance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced privatisation of Public Sector Banks (PSBs) as part of disinvestment drive to garner Rs 1.
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Equity indices dip 1% on weak global cues, banking stocks crack
News | September 04, 2020 14:00 ISTEquity benchmark indices traded lower by over one per cent during early hours on Friday in line with weak global cues.
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Bank strike: SBI to Bank of Baroda, services at these banks to be hit across India today
Business | January 08, 2020 15:42 ISTBank Strike: If you have any important work at bank branches than on Wednesday then you'll have to wait for Thursday as operations across bank branches including State Bank of India (SBI) and ATMs will be affected across the country due to Bharat Bandh.
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PSU banks lose on BSE post merger announcement
Business | September 03, 2019 12:25 ISTState-run banks on the exchanges traded on a weak note during the early trade on Tuesday after the government announced plans to merge 10 public sector banks into four.
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Vijay Mallya takes swipe at NDA govt over PSU banks' UK court pursuit
India | April 19, 2019 10:45 ISTIn his latest Twitter intervention, the 63-year-old former Kingfisher Airlines boss made another reference to Prime Minister Narendra Modi's interview last month in which he had claimed that the government has recovered assets worth Rs 14,000 crores related to the now-defunct airline's loan defaults.
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Finance minister Piyush Goyal to meet heads of PSU banks today
India | January 28, 2019 6:47 ISTAs it comes just three days ahead of the Budget 2019-20, the meeting assumes significance. The full-day meeting is likely to be attended by Reserve Bank of India Governor Shaktikanta Das.
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Government asks PSU banks to do forensic audit of defaulters
March 18, 2017 18:25 ISTThe government and the Reserve Bank of India are inching forward to conclude a number of changes in the rules to cut-down the proportion of bad loans in the banking sector. This move is a prerequisite to kick-start the investment cycle and push the g
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CBI books 5 senior officials of Syndicate Bank in Rs 1,000 cr scam
March 08, 2016 19:37 ISTNew Delhi: There is trouble in store for some senior officials of the state-run Syndicate Bank with the Central Bureau of Investigation (CBI) booking them on charges of fraud and cheating as part of their investigations
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17 PSU banks move Supreme Court to stop Mallya from leaving country
March 08, 2016 13:07 ISTNew Delhi: It seems that there is no end to the troubles of beleagured industrialist Vijay Mallya, after the ED's money laundering case and the halt on the payment of $75 million from U.K.-based Diageo
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PSU bank employee unions withdraw strike call, settle wages
India | February 23, 2015 21:00 ISTNew Delhi: Employee unions of public sector banks today withdrew their strike call following an agreement with the management on 15 per cent wage hike.“In today's talks, wage revision settled at 15 per cent with
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Government scraps selection of CMDs for six banks, initiates probe
India | October 28, 2014 10:51 ISTNew Delhi: Government today scrapped the selection of six PSU bank heads during UPA tenure following a high-level panel finding irregularities in the process followed.The probe into the selections to banks like Bank of Baroda
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P Chidambaram says election code of conduct not to impact new bank licences process
March 06, 2014 18:00 ISTNew Delhi: Finance Minister P Chidambaram has said the Reserve Bank of India (RBI) is likely to issue a few bank licences notwithstanding the model code of conduct which came into force from Wednesday after
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PSU bank bad loans likely to be higher in 2013-14: Chidambaram
March 05, 2014 19:54 ISTNew Delhi: Worried over a further rise in bad loans, especially among large companies, Finance Minister P Chidambaram today exhorted PSU banks to effectively deal with non-performing assets (NPAs), their biggest challenge.Addressing a press conference
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Sensex rises 67 points to end near record close
March 05, 2014 19:24 ISTMumbai: The benchmark Sensex today rose over 67 points to end near its record close on positive global cues and as investors started taking positions with just about a month left for the Lok Sabha
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