Search For "public sector banks"
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
Updated : 2 years ago IST
New Delhi [India], Jun 11 (ANI): The Central Bureau of Investigation (CBI) on Tuesday registered three fresh FIRs against absconding diamantaire Jatin Mehta and others, including a foreign national, in connection with an alleged loan fraud of over Rs 700 crore in two public sector banks.
Updated : 2 years, 3 months ago IST
New Delhi (India), Feb 28 (ANI): Union Finance Minister Arun Jaitley said on Thursday that industry leaders must give up the tendency of not paying back loans to banks as the 'new normal' is already in place.
New Delhi [India], Feb 20 (ANI): The government on Wednesday approved recapitalisation of 12 public sector banks with an infusion of Rs 48,239 crore.
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) has imposed penalties on four public sector banks for non-compliance of its various directions.
New Delhi [India], Feb 1 (ANI): The Reserve Bank of India has exempted Bank of India, Bank of Maharashtra and Oriental Bank of Commerce from PCAF (Prompt Corrective Action Framework) following improvements in their capital position and asset quality in the December 2018 quarter, said an o
New Delhi [India], Jan 28 (ANI): Pushing for financial inclusion, the Central government on Monday assured public sector banks (PSBs) its full support in their objective to improve delivery services to the farmers.
New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
Updated : 2 years, 5 months ago IST
New Delhi [India], Dec 26 (ANI): Around 10 lakh employees of nine public sector banks on Wednesday went on a nationwide strike against the merger of Dena Bank and Vijaya Bank with Bank of Baroda. They are also seeking their salary revision.
New Delhi [India] Dec 20 (ANI): Finance Minister Arun Jaitley on Thursday said that government will infuse Rs 83,000 crore in public sector banks in the next few months of the current fiscal.
Updated : 2 years, 6 months ago IST
Chennai (Tamil Nadu) [India], Nov 24 (ANI): The Bank Security & Frauds Cell (BS&FC) of the Central Bureau of Investigation (CBI) has filed three FIRs against Chennai-based Best & Crompton Engineering Projects Ltd (BCEPL) for causing Rs 364 crore loss to three public sector banks in a fraudul
New Delhi [India], Nov 22 (ANI): Government sources on Thursday said that capital infusion into Public Sector Banks (PSBs) are likely to take place by the end of 2018.