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Total 971 results found. Search for [ state-owned banks ]

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PTI
September 20, 2018
The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.


BusinessToday.In
New Delhi, September 20, 2018
Out of the 10 appointments, 5 are from the country's biggest lender, State Bank of India.


BusinessToday.In
New Delhi, September 11, 2018
The bank was able to recover around Rs 8,445 crore in the April-June quarter alone, which is over 23 per cent of all recoveries made during the period. PNB recovered around Rs 5,618 crore in FY18 and Rs 5,643 crore the previous year.


BusinessToday.In
New Delhi, September 7, 2018
\"We will look at their (LIC's) business plan (post acquisition of 51 per cent stake in IDBI Bank) and then decide on reduction of its stake in IDBI Bank (to 15 per cent),\" says IRDAI Chairman SC Khuntia


BusinessToday.In
New Delhi, September 7, 2018
As many as 23 banks, public and private alike, may face penalties with retrospective effect if they are unable to ensure eight Aadhaar enrolments or updations per branch per day from November


Mudit Kapoor
New Delhi, September 5, 2018
Money is laundered through a web of companies located in different geographies, making it difficult to check such transactions. To fight this, the Reserve Bank of India (RBI) has introduced Legal Entity Identifier or LEI. Its key aim is to check and prevent banking frauds.


BusinessToday.In
New Delhi, September 3, 2018
Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.


PTI
September 2, 2018
PS Jayakumar was one of the two selected from the private sector and joined the state-owned bank in October 2015. He was appointed for a three-year term that will come to an end on October 12, 2018.


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


BusinessToday.In
August 28, 2018
Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.


PTI
August 26, 2018
According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17. The country's largest lender State Bank of India (SBI) led the pack with nine of its overseas branches in the red.


PTI
August 25, 2018
Punjab National Bank (PNB) today said a Department of Financial Services report has rated it as number one state-owned bank in terms of digital transactions.


PTI
New Delhi, August 22, 2018
This missive comes in the light of arrest of Bhushan Steels erstwhile promoter Neeraj Singal by the Serious Fraud Investigation Office (SFIO) for allegedly siphoning off funds.


Sumant Banerji
New Delhi, August 20, 2018
India is building roads at a frenetic pace. The dream of building 40 kilometres a day is within the realm of possibility now.


BusinessToday.In
New Delhi, August 17, 2018
Gross NPAs have exceeded Rs 8.5 lakh crore, up 19% year-on-year, while total provision for NPAs jumped 28% (y-o-y) to Rs 51,500 crore.


BusinessToday.In
New Delhi, August 16, 2018
Payout by RBI has shot up 63% year-on-year, but the finance ministry is not happy. The government believes that the payout ought to be higher so it has reportedly asked the apex bank to review its dividend and capital conservation rules.


PTI
August 15, 2018
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.


BusinessToday.In
August 14, 2018
Lack of FII inflows and growing oil prices are also affecting the rupee, a PSU bank official said. Foreign investors sold shares worth Rs 971.8 crore on a net basis, provisional exchange data showed.


BusinessToday.In
August 14, 2018
ATMs around the world are under a major risk of fraudulent cash withdrawals under a coordinated attack. This attack is called \"ATM cashout\" and has been detected by US' premier investigating agency, FBI.


PTI
August 12, 2018
Out of the two accounts on sale, Bombay Rayon Fashions Ltd owesRs 2,260.79 crore to the bank. The second account, Shivam Dhatu Udyog Pvt Ltd, has to repay Rs 229.32 crore.


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