Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks.
Reserve Bank Governor Urjit Patel has called the government’s bank recapitalisation plan a ‘monumental step forward’ in
Most banks have already informed their customers that functioning of branches and offices will be impacted if the strike takes place.
Branches of public banks remained either closed or non-operational today as staffers and officers went ahead with their day-long strike pressing
In a relief to farmers facing difficulty in purchasing seeds for Rabi sowing, Government has directed NABARD (National Bank for Agriculture and
Govt has injected around 23,000 crore rupees in 13 public sector banks to enhance their lending capacity. The move will also enable them to raise
Finance Minister today acknowledged that the cumulative loss of Rs. 18,000 crore suffered by public sector banks in the last fiscal was mainly