SBI chief takes U-turn, says payments banks 'opportunity' for all

Last Updated: Tuesday, August 25, 2015, 23:31

In a U-turn from her earlier stated position on the entry of payments banks, SBI chief Arundhati Bhattacharya Tuesday said there is nothing negative about them and there is a huge opportunity for the entire banking system.

SBI chief says crisis year lending by PSBs helped pvt banks

Last Updated: Monday, August 24, 2015, 22:27

State Bank of India chief Arundhati Bhattacharya Monday said state-run lenders' risk-taking during the crisis years is helping private sector lenders report healthy asset growth by "cannibalising" the completed projects.

Bandhan Bank joins Indian banking league with 501 branches

Last Updated: Sunday, August 23, 2015, 21:12

Bandhan Bank Sunday began operations as a full-fledged bank with 501 branches and 1.43 crore accounts across the country, becoming the newest member of the estimated USD two-trillion Indian banking industry.

All-out efforts on to bring down PSU banks' NPA: Jaitley

Last Updated: Friday, August 21, 2015, 14:27

Jaitley was inaugurating 109 new branches and 109 Bunch Note Acceptors (BNA) on the Indian Bank Foundation Day.

RBI panel for conversion of large UCBs into regular banks

Last Updated: Thursday, August 20, 2015, 22:18

An RBI panel Thursday recommended converting urban cooperative banks (UCBs) with business size of Rs 20,000 crore or more into regular banks to allow them to grow and proliferate further for financial inclusion.

FM Jaitley likely to meet heads of PSU banks in first half of Sept

Last Updated: Thursday, August 20, 2015, 18:00

The performance review meeting of Public Sector Banks (PSBs) may take place in the first half of September and the exact date will be decided soon, sources said.

FM Jaitley likely to meet heads of PSU banks in first half of Sept

Last Updated: Thursday, August 20, 2015, 18:00

The performance review meeting of Public Sector Banks (PSBs) may take place in the first half of September and the exact date will be decided soon, sources said.

Capital infusion breather for PSU banks, but not enough: S&P

Last Updated: Wednesday, August 19, 2015, 15:38

Standard & Poor's on Wednesday said the government's plan to infuse capital into public sector banks is a "breather", but is unlikely to "fully resolve" their looming credit shortfall.

80,000 officers, staff of PSU banks to retire in 2 years

Last Updated: Sunday, August 16, 2015, 11:06

During the current financial year, 39,756 employees are retiring. This includes 19,065 officers and 14,669 clerks, sources said.

Capital injection key to Basel-III transition of PSBs: Ind-Ra

Last Updated: Friday, August 14, 2015, 21:30

Indian banks may need up to Rs 1 trillion over and above their Basel-III capital requirements to manage the concentration risks arising out of their exposure to highly levered, large stressed corporates, India Ratings and Research (Ind-Ra) said Friday.

In a first, private sector professionals to head BoB, Canara Bank

Last Updated: Friday, August 14, 2015, 20:20

Bank of Baroda and Canara Bank Friday became the first state-owned banks to be headed by private sector professionals as government announced appointment of MD and CEOs of five PSU lenders.