Supreme court refuses to put stay on merger of Dena, Vijaya and Bank of Baroda
The Supreme Court of India while hearing a plea flied by the bank officers association refused to put immediate stay on merger of three banks. The court was hearing an…
The Supreme Court of India while hearing a plea flied by the bank officers association refused to put immediate stay on merger of three banks. The court was hearing an…
Moody’s Investors Service, a global credit rating agency, has the local and foreign currency ratings of Indian overseas Bank and Central bank of India to Ba2 from previous ba3 ratings…
The Narendra Modi government gave approval to a planned recapitalization of 12 public sector Banks(PSB). This will also include fraud hit Punjab National Bank(PNB). The government is planning to infuse…
The centre’s decision of recapitalization of Public Sector Banks (PSBs) gets positive feedback by some of the credit rating agencies. On December 20, Finance Minister Arun Jaitley announced the infusion…
Addressing the media on supplementary grants and public sector banks (PSBs), Finance Minister Arun Jaitley, on December 20, said that more capital will take some PSBs out of PCA framework.…
Public Sector Banks (PSBs), such as the State Bank of India, Canara Bank, Bank of Baroda and Syndicate Bank, are planning to recruit about 1 lakh employees this financial year.…