Govt Launches BAANKNET to Streamline PSU Bank Asset Auctions
New Delhi: The Finance Ministry has launched a revamped e-auction platform, BAANKNET, to improve the auction process for assets held ...
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Tag: Public Sector Banks
Finance Ministry Asks PSBs to Speed Up Re-KYC, Revises Incentive Scheme for Bank Executives
New Delhi: The Finance Ministry has instructed public sector banks (PSBs) to speed up re-KYC verification for customers. It has ...
Banks to introduce Unified Recovery Interface to enhance loan recovery
New Delhi: In order to leverage the benefits of digital banking, banks are planning to set up a Unified Recovery ...
Public Sector Banks to Match Private Sector on Key Metrics, Reports S&P Global
Mumbai: According to a recent report by S&P Global, public sector banks (PSBs) in India are poised to close the ...
Bank of Maharashtra dominates PSU Banks in FY24 business growth
Mumbai: Bank of Maharashtra (BoM) has recorded the highest rate of business growth rate among public sector banks (PSBs) in ...
12 Executive Directors appointed in Public Sector Banks by ACC
New Delhi: The Appointments Committee of the Cabinet (ACC) has appointed twelve General Managers as Executive Directors (ED) in various ...
Public Sector Banks record total profit over Rs 1 lakh crore in FY23; SBI highest contributor
Mumbai: In the financial year that ended in March 2023, the Public Sector Banks (PSBs) recorded a cumulative profit of ...
Finance Ministry Holds review Meeting with Heads of Public Sector Banks to review Progress of Schemes
New Delhi: Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a day-long review meeting with ...
Finance Minister Reviews Preparedness of Public Sector Banks Amid Stress in Banking Sector in US, Europe
New Delhi: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has chaired a meeting to review the performance of ...
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