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Tag: PSB

Economy

In liquidity push, PSBs plan ‘loan melas’ in 400 districts

September 20, 2019September 20, 2019 - by Abdul

News:Finance Minister has announced that the public sector banks will be organising loan meals in 400 districts beginning October 3,2019. Facts: About loan melas: The loan melas will be organized …

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Economy

Bank frauds rise 74%, says RBI

August 30, 2019August 30, 2019 - by Abdul

According to Reserve Bank of India’s annual report,the amount involved in bank frauds has increased by 74% over the last one year. Among the banks,the public sector banks(PSBs) have accounted …

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Economy

Govt. asks PSBs to find out reasons for rise in NPAs in last 5 years

August 15, 2019August 16, 2019 - by Abdul

The Finance Ministry has initiated a comprehensive consultative process with public sector banks(PSBs). The consultative process will start from branch level upwards to the State-level and then to the national …

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Economy

Elected directors in PSBs will be appointed by board: RBI

August 3, 2019 - by Abdul

The Reserve Bank of India has come out with the ‘Fit and Proper’ Criteria for Elected Directors on the Boards of PSBs Directions,2019. The directions mandates that banks are required …

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Economy

BBB tags 75 senior officers for leadership roles in PSBs

April 20, 2019April 20, 2019 - by Abdul

The Banks Board Bureau (BBB) has identified 75 senior officials of state-run banks for leadership roles across public sector banks (PSB). The BBB has also asked the government to give …

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