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Appointments Committee of the Cabinet (ACC)

10 Public Sector Banks get new Chief Executives | Indian Bureaucracy News

September 19, 2018

Indian Bureaucracy News Update: The Appointments Committee of the Cabinet (ACC) has approved the following proposals of the Financial services Department for the post

Public sector Bank employees threaten strike

August 22, 2017

Public sector Bank employees have threatened to go on a one day strike today against government’s proposed move for consolidation of banks. The strike called

development-of-navratna-psus-indian-bureaucracy

ATM operational by PSUs

February 7, 2017

The ATM network is 100% interoperable. The number of ATMs of the Public Sector Banks are given in Table below. As per notification dated

atm-operating-companies-indian-bureaucracy

ATM operating companies by Public Sector Banks

November 28, 2016

Banks have been permitted outsourcing of financial services vide circulars dated November 3, 2006 and March 11, 2015 on ‘Guidelines on Managing Risks and

Opening of Bank branches in Rural Areas

July 22, 2016

To promote financial inclusion and to extend the banking network in unbanked areas, general permission has been granted by Reserve Bank of India (RBI)

22,915 cr allocated for capitalization needs of Public Sector Banks for year 2016-17

July 22, 2016

In line with the announcements made under Indradhanush and the Union Budget, Government has undertaken an exercise to assess the capitalization needs of Public

Piyush Goyal in meeting with CEOs of Public Sector Banks

June 6, 2016

The Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy, Shri Piyush Goyal in a meeting with the CEOs of

Vinod-Rai-Banks Board Bureau -indianbureaucracy

Intermediary mechanism to provide comfort in decision making to be ready by 15th June

May 22, 2016

Over the years, Public Sector Banks (PSBs) have accumulated huge stressed assests as a result over leveraging by the corporates, said Mr Vinod Rai,

ASSOCHAM

Banks Stress Assets may notch upto INR 10 lakh crore in Q4: ASSOCHAM

April 21, 2016

Given the slowdown in certain important sectors like steel, textiles, aluminium etc, and the ongoing Asset Quality Review (AQR), may push stressed assets of

FM to announce tax treatment for recognized PF very soon, Economic Affairs Secretary tells FICCI members

March 6, 2016

Mr. Shaktikanta Das, Secretary, Economic Affairs, Government of India, told the Executive Committee Members of the Federation of Indian Chambers of Commerce and Industry

Banking

2 Day- Retreat for Banks and Financial Institutions called GYAN SANGAM

March 4, 2016

Two days’ “Retreat for Banks and Financial Institutions” called “Gyan Sangam”would at held on 4th and 5th March, 2016 at State Bank Academy, Gurgaon (Haryana.). The

Banking

Pvt. banks advances to grow at 24% CAGR b/w fiscals 2016-2019: ASSOCHAM-Crisil study

January 26, 2016

Advances of private banks in India are likely to grow at a compounded annual growth rate (CAGR) of 24 per cent between fiscals 2016