Mumbai: The country's largest lender, SBI has said that public sector banks should be given an opportunity to tap the best talent from premier institutes like IITs and IIMs."The public money goes into formation of
Pune: Committing to bold reforms that would professionalise public sector banks, Finance Minister Arun Jaitley today assured bankers that government was ready to protect their commercial decisions as “risks have to be taken” by them.Speaking
New Delhi: Public sector banks have written off loans worth Rs. 1,06,170 crore in the last five years, Parliament was informed on Tuesday.“The RBI data reporting system does not collate data on the number of
New Delhi: In his last meeting as Finance Minister in the UPA II Government, P Chidambaram will hold discussions on various issues with heads of public sector insurance companies and State-owned banks on Monday and
New Delhi: Finance Minister P Chidambaram today proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year."In 2014-15, I propose to provide Rs 11,200 crore for
New Delhi: State-run lenders including SBI and IDBI Bank have lined up more than Rs 15,000 crore worth of share-sales to institutional investors to shore-up their capital base.Apart from State Bank of India and IDBI
Mumbai: Falling for the second day, the benchmark Sensex today slid by another 97 points to its lowest level in nearly a week on persistent selling in blue-chips and declines in global stock markets after
New Delhi, Jan 10: The government on Thursday approved a proposal to inject Rs12,517 crore in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.About 9-10 public sector
Mumbai, Apr 7: The government will recapitalise the state-owned banks to help them tide over the problems arising out of slow economic growth, Finance Minister Pranab Mukherjee said here today.“Going forward if GDP growth slows
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