Showing results for "#public sector banks"
Credit costs expected to rise in FY26 amid unsecured loan,...
The report added that since fewer loans have been turning bad recently, the PSBs don't need to set aside much new money for bad loans. This led to...
Time to push divestment of state-owned banks, says SBI report
8 July 2024 2:15 PM"As banks are in good condition, the government should take stance on disinvestment of PSBs," the report titled 'Prelude to Union Budget 2024-25'...
Finance Ministry hosts workshop on best AI practices for bank chiefs
10 May 2024 6:42 AMThe IT industry association NASSCOM made a presentation to update the bankers on the latest state of play of AI in banks
PSBs’ dividend payout may exceed Rs 15,000 cr in FY24
25 March 2024 1:15 AMPSBs earned the highest-ever aggregate net profit of Rs 1.05 lakh crore during FY23 compared to Rs 66,539.98 crore earned in 2021-22.
Check mis-selling, safeguard account holders’ interest: DFS
18 March 2024 12:30 AMBanks have been asked to give utmost importance to the interest of account holders,” he said. There have been instances where life insurance policies...
Govt approves 17% wage hike for 1.10 lakh employees of LIC
15 March 2024 5:15 PMA one-time ex-gratia payment to LIC pensioners was also made to more than 30,000 pensioners and family pensioners, it said.
Parliament Budget Session: Discussion on 'White Paper' expected to...
9 Feb 2024 4:07 AMAs per the List of Business in the Lower House for the day, the Union Finance Minister will move, "That this House do consider the White Paper on the...
PSU banks, insurance companies to remain closed for half day on Jan 22
19 Jan 2024 7:55 AMEarlier in the day, the Department of Personnel and Training issued an order in respect of central institutions and central industrial establishments.