Keyword : PSB

High-level panel to tackle bad loans in PSU banks likely soon

The government is planning to set up a high-level panel to effectively deal with the issue of bad loans or the non performing assets (NPAs). "That was discussed at the meeting o

Rejection of RTI applications high in banks with large NPAs

The proportion of rejection of RTI applications was quite high in banks that had reported large volumes of net non-performing assets (NPAs) in 2014-15. Indian Overseas Bank, Bank of Baroda and Cana

How SBI would become even more humongous

As the Cabinet approves the merger of State Bank of India and its five subsidiaries, and also the Bharatiya Mahila Bank (BMB), the largest public sector lender may soon see its name in the list of

“We have opened over 36 lakh accounts under PMJDY”

Oriental Bank of Commerce (OBC) has a reason to smile at a time when many of the public sector banks (PSB) are struggling due to bad loans, non-performing assets (NPA) and economic slowdown. Wh

Public Sector Banks not being shut: RBI

The Reserve Bank of India (RBI) on Friday scotched rumours and said that Public Sector Banks are not being shut down. “The RBI has come across some misinformed communication ci

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