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26 PSU Banks Merger in 6 Banks Soon, Bank Strike on 12-13 July
  26 PSU banks of India are going to be merged as six PSU banks named SBI, PNB, Canara Bank, Union Bank, Bank of Baroda and Bank of India very shortly as per a g..    Read  
  By: Ranjan( Source : Agencies, BS)Place: New Delhi24 Jun 2016Indian Banking::CorporateView 
Banks hiring private detectives to trace Loan Defaulters and their property
  Many of bank loan defaulters diverted their funds in other companies and entities and declaring their units sick and enjoying the funds in other way.    Read  
  By: Amit(Source : PTI, BS, ET)Place: New Delhi19 Jun 2016Indian Banking::Loan and AdvancesView 
AIBOC representation to RBI Governor on Judicial Powers for bad loans, undue pressure on banks and u
  The leading bank officers unions AIBOC has demanded to clean and restrict bad loans that senior bank officials should be vested with judicial powers on the line..    Read  
  By: Ekta(Source: Agencies, AIBOC,BS)Place: Mumbai12 Jun 2016Indian Banking::AppointmentsView 
PSBs get Govt Support for prudent NPA settlement
  Govt will provide full support for bad loan settlements with prudent norms, which is actually in interest of recovery and govt will protect the decision of bank..    Read  
  By: Ekta(Source: Agencies, BS)Place: New Delhi07 Jun 2016Indian Banking::Loan and AdvancesView 
India Post Payment Bank with 1.54 lacs outlets and 3.5 lacs staff from Sept 2017
  Govt has approved India Post Payment Bank    Read  
  By: Amit( Source : Agencies, ET, BSPlace: New Delhi04 Jun 2016Indian Banking::CorporateView 
Slow Credit Growth in March-16 Qtr, Falls to 1.4 %, Deposit hanged at 3.1%
  PSU banks panic on bad loans is resulted as fall in its credit growth to 1.4% in the financial year last quarter January-March 2016.    Read  
  By: Amit(Source: Agencies, BS)Place: New Delhi02 Jun 2016Indian Banking::Loan and AdvancesView 
AIBOC Lodged Protest on Bank Merger
  In a press release the General Secretary Sh Harvinder Singh has raised the question on intention of the govt on issue of banks merger.    Read  
  By: AmitPlace: New Delhi26 May 2016Indian Banking::View 
PSU Banks Merger Impact: What Benefit, What Loss?
  Banks consolidation from smaller to larger will be always beneficial for country, customers and staff of the banks ultimately, it the voice of all most sector o..    Read  
  By: Ekta(Source: Agencies, ET, BS)Place: New Delhi24 May 2016::View 
First Round of PSU Banks Merger Initiated with SBI Group Merger
  After over five years of hitch finally PSU banks merger’s first round has been flagged off with the largest state-owned lender, State Bank of India (SBI) and 5 ..    Read  
  By: Ekta(Source: Agencies, ET, BS)Place: New Delhi22 May 2016Govt & RBI Policy::View 
PSU Banks Merger on Banks Board decision
  The merger of PSU banks are on verse and expected in few months as answer of Minister of State for Finance Jayant Sinha indicates.    Read  
  By: Amit(Source : PTI, BS)Place: New Delhi12 May 2016Govt & RBI Policy::View 
Gyan Sangam-II for Banking Reform on 4 & 5 March at Gurgaon, AIBOC Claimed Participation
  Gyan Sangam –II , retreat of banks and financial institutions is scheduled to be held on 4th & 5th March 2016 at Gurgao    Read  
  By: Amit(Source : PTI, )Place: New Delhi03 Mar 2016Govt & RBI Policy::PMJDYView 
India’s National Budget 2016-17: Highlights
  The Govt presented India's national budget for 2016-17 in the Lok Sabha with relief to small tax payers, focusing on the rural economy with much higher fiscal o..    Read  
  By: Amit( Source : Govt, TOI, BS, Webs)Place: New Delhi03 Mar 2016Union Budget India::Budget 2016View 
Big Loan Defaulters List asked by Supreme Court from RBI within Six Weeks
  Supreme Court on Tuesday directed the Reserve Bank of India (RBI) to furnish within six weeks details of all defaulters who have more than Rs 500 crore in outst..    Read  
  By: Amit (Source: PTI, BS)Place: New Delhi16 Feb 2016Bank Results::View 
PSU Banks Reported Record Loss Rs.12,867 Crore
  Public Sector Banks in India posted historical highest loss in the December quarter 2016 and total loss reached to Rs.12,867 Cr.    Read  
  By: Amit (Source: PTI, BS)Place: New Delhi16 Feb 2016Bank Results::View 
Executive Director Appointment in 10 Govt Banks Finalised
  Govt cleared appointment of 10 Executive Directors on Friday 22nd Jan’16    Read  
  By: Amit (Source: PTI, BS)Place: New Delhi23 Jan 2016Govt & RBI Policy::PMJDYView 
 
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