Public sector banks

If you are using online banking facilities then this is a very important news for you. Several banks have changed their IFSC codes following the recent mergers of several public-sector banks. Therefore, the old IFSC codes will no longer be…

New Delhi: Public sector banks (PSB) will provide unsecured personal loans of up to Rs 5 lakh to individuals for meeting their expenses of Covid treatment. The decision, which comes in the wake of the severe second wave of Covid-19, was…

New-Delhi: The United Forum of Bank Unions (UFBU) has called for a two-day bank strike from March 15 against the proposed privatisation of public sector banks. In the Union Budget presented last week, Finance Minister Nirmala Sitharaman…

New Delhi: Country's largest banking institution State Bank of India leads the pack of public sector banks in disbursing emergency loans to the industry and help improve investment climate in the country amidst Covid-19 pandemic. The…

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the public sector banks (PSB) sanctioned Rs 5.95 crore in just over two months, between March 1 and May 8, to over 46.74 lakh accounts. The borrowers for the sanctioned loans…

New Delhi:  As part of a government-initiated outreach programme, public sector banks have disbursed a record Rs 4.91 lakh crore of loans during October-November, the finance ministry said on Tuesday. Finance Minister Nirmala Sitharaman…

New Delhi, Oct 14: NBFCs liquidity requirements and retail lendings, as well as poor credit off-take to corporates by public lenders, will figure as the main discussion in the Finance Minister Nirmala Sitharaman's meeting with the…

New Delhi:  The government has decided to infuse around five thousand crore rupees into state-owned Bank of Baroda ahead of merger of two other public sector lenders Dena Bank and Vijaya Bank with Bank of Baroda. The merger of Dena Bank…