Tag: Public Sector Banks (PSBs)

FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review on August 19

This meeting aims to evaluate key financial metrics and the effectiveness of various government schemes, ensuring that these financial institutions are aligned with the economic goals.

August 18, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

According to the survey, a large majority (77 per cent) of the respondent banks reported a decrease in the NPA levels in the last six months.

March 21, 2024

Public sector banks asked to reassess gold loan process amid debt risk concerns

As gold prices continue their upward trajectory, the valuation of gold assets tied to loans is undergoing a significant recalibration.

March 13, 2024

Time for investors to bank on a couple of PSU and private banks

The Indian banks delivered healthy earnings during the second quarter of FY24, but the performance was marked by slowing momentum.

December 9, 2023

IBA inks agreement with unions; bank staff pay to increase by 17%

The wage revision will be effective from 1.11.2022 for a period of five years.

December 8, 2023