Tag: public sector banks
Banks open on Sunday ahead of nationwide strike: Will you get your salary today?
Ahead of a three-day nationwide strike starting tomorrow, all public sector and regional rural banks are open on Sunday. The mandate issued by the finance…
Rupee gains 15 paise to 96.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped Indian rupee gain 15 paise to close at 96.81 against the greenback, bouncing back from the intra-day low of 95.94…
Rupee gains 15 paise to 95.81 against dollar, likely helped by RBI intervention
Kolkata: Likely regulatory intervention helped the Indian rupee gain 15 paise to close at 95.81 against the US dollar on Friday, bouncing back from the…
Govt puts executive PLI Scheme in public sector banks on hold; AIBOC calls it victory of collective unity
The Department of Financial Services (DFS), Ministry of Finance, has decided to keep in abeyance the payment of Performance Linked Incentive (PLI) to Scale IV…
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demand
New Delhi: Finance minister Nirmala Sitharaman on Tuesday urged public sector banks (PSBs) to develop strategies to attract the youth based on their products, regional…
Macroeconomic fundamentals of Indian economy remain strong amid global challenges
New Delhi: Macroeconomic fundamentals of the Indian economy remain strong, supported by robust domestic demand, healthy corporate balance sheets and sustained fiscal discipline amid global…
Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for India
A US-based think tank has suggested a 30-point reform agenda, including a 10-year plan to privatise all CPSEs, for the Prime Minister Narendra Modi-led government…
PSBs told to tighten scrutiny of government accounts amid fraud concerns
New Delhi: The finance ministry has asked public sector banks to enforce tighter safeguards for curbing fraud incidents involving government accounts. It further directed banks…
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMin
The number of guarantees issued under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has crossed 1 lakh, with the total amount reaching Rs 48,484…
Finance Minister to review flagship schemes with state-owned banks, RRBs in West Bengal: Sources
New Delhi, Finance Minister Nirmala Sitharaman will soon review the implementation of various flagship schemes, including Jan Dhan, Mudra and PM Vishwakarma, with public sector…