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"psbs"

  • CBI searches 7 premises in Reliance communications fraud case

    The CBI carried out searches at seven locations linked to former executives of Reliance Communications in an ongoing investigation into alleged banking frauds involving Reliance ADA Group companies. The probe, covering multiple cases, reportedly involves losses of over Rs 27,000 crore
  • Profit of PSU banks more than doubles to Rs 34,774 cr in Q1

    PSBs have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023
  • KTR urges centre to conduct competitive exams in regional languages

    Hyderabad: IT Minister KT Rama Rao on Sunday urged the Union Minister of State Dr. Jitendra Singh to permit candidates taking competitive examinations conducted by the Union government to write in regional languages also. In a letter to Dr Singh, he stated that every year several candidates from different States appear for competitive exams for […]
  • PSBs to offer loans up to Rs 5 lakh for Covid-19 treatment

    The PSB will be providing loan under the Emergency Credit Line Guarantee Scheme (ECLGS).
  • Shaktikanta Das asks PSBs to quickly implement measures announced by RBI

    Earlier this month, the governor had announced a slew of measures, including term liquidity facility of Rs 50,000 crore to ease access to emergency health services.
  • Banking services to hit as employees go on 2-day strike 

    About 10 lakh bank employees and officers are to participate in the strike called by the United Forum of Bank Unions, an umbrella body of nine associations and groups.
  • RBI raises concerns over zero-coupon bond

    As these are non-interest bearing and issued at par to a bank, it would be an investment, without any return
  • IOB seeks about Rs 1,000 cr support

    IOB which has posted profit for the last three consecutive quarters, expects to continue the trend in the remaining part of the current fiscal year with focus on recovery and business pick up
  • Canara Bank wrote off Rs 47,310 cr in eight years

    During the past eight-year period from FY12-13 to FY19-20, Canara Bank wrote off a total of Rs 47,310 crore while recovering just 19 per cent or Rs 8,901 crore from defaulters

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