Search For "public sector banks"
Privatisation of public sector banks another way to benefit few pe
Updated : 1 month, 4 weeks ago IST
New Delhi [India], March 16 (ANI): Leader of Opposition in Rajya Sabha Mallikarjun Kharge on Tuesday alleged that privatisation of public sector banks is another attempt by the government to benefit a few people.
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Cong alleges Centre trying to finish Indian banking industry throu
Updated : 1 month, 4 weeks ago IST
New Delhi [India], March 16 (ANI): Congress's Lok Sabha Member of Parliament Manickam Tagore condemned the Centre for trying to break the backbone of the banking industry by privatising public sector banks.
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Centre privatising profit and nationalising loss, says Rahul Gandh
Updated : 1 month, 4 weeks ago IST
New Delhi [India], March 16 (ANI): Congress leader Rahul Gandhi on Tuesday criticised the Centre over the privatisation of Public Sector Banks and said that he stands with the striking bank employees.
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Strike called by UFBU enters Day 2, banks remain shut in Mumbai, P
Updated : 1 month, 4 weeks ago IST
Mumbai, Panchkula, Siliguri (Maharashtra, Haryana, West Bengal) [India], March 16 (ANI): Bank employees continued with their nationwide strike on Tuesday, for the second day, following the call of the United Forum of Bank Unions (UFBU). Like all other parts of the country, it has impacted se
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Higher accountability of public sector banks needed, not their out
Updated : 1 month, 4 weeks ago IST
New Delhi [India], March 15 (ANI): The Congress said on Monday that it stands in solidarity with 10 lakh bank officials and staff participating in the strike "against reckless privatisation of public sector banks".
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Two-day nationwide bank strike from today to protest against priva
Updated : 1 month, 4 weeks ago IST
Mumbai (Maharashtra) [India], March 15 (ANI): The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16 against the privatisation of public sector banks and "retrograde banking reforms".
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Banking services to be hit as over 10 lakh employees to go on stri
Updated : 2 months ago IST
New Delhi [India], March 14 (ANI): The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 and 16 against the privatisation of Public Sector Banks and retrograde banking reforms.
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Consumer, personal loans bolstered Fintech lending in FY 2021: Equ
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], February 15 (ANI/PRNewswire): SIDBI and Equifax launched the second edition of "Fintech Pulse", a quarterly publication highlighting key trends of the fast growing NBFC (Non- Banking Financial Company) Fintech segment.
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Union budget a let down like never before, farm sector has been sh
Updated : 3 months, 1 week ago IST
New Delhi [India], February 1 (ANI): Alleging that Finance Minister Nirmala Sitharaman has "deceived the people, especially the poor" in the union budget presented on Monday, Congress leader P Chidambaram said farm sector has been shortchanged, the fiscal situation "is in a mess" and the
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Under-capitalised banks can hurt real economy: Economic Survey
Updated : 3 months, 2 weeks ago IST
New Delhi [India], January 29 (ANI): The Economic Survey 2021 released on Friday has called for adequate capitalisation of public sector banks and strengthening the legal infrastructure for recovery of loans.
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Covid-19 times may usher in new opportunities for banking sector:
Updated : 4 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Indian NBFCs' asset quality remains vulnerable: Moody's
Updated : 5 months, 3 weeks ago IST
New Delhi [India], November 23 (ANI): Moody's Investors Service on Monday said in a new report that although loan collections improved at the rated Indian non-bank finance companies (NBFCs) like Indiabulls Housing Finance Limited and IIFL Finance Limited, the loan delinquencies will inevitab
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