Appointment of 5 PSU bank heads: SC waits for Centre's response

Last Updated: Monday, July 13, 2015, 21:55

The Supreme Court Monday wondered why a 71-year-old man has challenged the process of appointment of heads of five public sector banks and even expressed suspicion of him being a "front man".

Interviews for CEO posts at 5 large PSU Banks start from Monday

Last Updated: Sunday, June 14, 2015, 10:49

As many as 26 candidates, including executives from private sector banks, are to appear for the interviews on June 15 and 16, sources said.

FM Jaitley's plain speak with banks, asks them to cut rates

Last Updated: Friday, June 12, 2015, 18:33

"The Finance Minister asked the CEOs of both the public and private banks to effect a corresponding rate cut of 75 basic points in response to RBI rate cut of same basis points since January," an official statement said.

FM Jaitley to meet heads of PSU banks this week

Last Updated: Sunday, June 7, 2015, 14:27

The meeting will review credit offtake and the progress made under the Jan Dhan Yojana and Prime Minister social security scheme among other things, sources said.

Appointment of 5 PSU bank heads: SC seeks Centre's response

Last Updated: Tuesday, May 5, 2015, 22:15

The Supreme Court Tuesday sought responses from the Centre and Reserve Bank of India on a PIL challenging the appointment process of heads of five public sector banks and reducing the cut-off age from 58 to 55 years.

RBI further eases branch property acquisition norms for banks

Last Updated: Thursday, April 30, 2015, 22:26

Liberalising its policy for bank branches, the RBI Thursday said banks will not be required to inform the central bank on a periodic basis about disputed premises.

SBI, other PSU banks to raise over Rs 16,000 cr from market

Last Updated: Tuesday, April 28, 2015, 19:25

State Bank of India (SBI) and few other public sector lenders are expected to raise funds of over Rs 16,000 crore from the market to meet their capital requirement.

Finance Ministry to meet PSU banks today to review stalled projects

Last Updated: Tuesday, April 28, 2015, 09:26

Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks Tuesday to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.

FinMin to meet PSU banks Tuesday to review stalled projects

Last Updated: Monday, April 27, 2015, 19:05

Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks Tuesday to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.

Andhra Bank Q4 profit jumps over twofold to Rs 185 crore

Last Updated: Monday, April 27, 2015, 13:32

The public sector bank had posted a net profit of Rs 88.08 crore in the same period last financial year, it said in a filing to the BSE.

Yes Bank opens representative office in Abu Dhabi

Last Updated: Sunday, April 26, 2015, 17:54

Private sector Yes Bank Sunday launched a representative office in UAE, which marks the maiden foray into international operations for the 12-year-old lender.

Govt renews search for five PSU bank chiefs; norms relaxed

Last Updated: Sunday, April 26, 2015, 13:58

As it continues its search for chiefs at five public sector banks, the government has relaxed eligibility criteria with regard to age and experience of applicants.