We should never forget the role PSBs have played in financial inclusion. These banks have been the backbone of the socio-economic agenda of the government. In a rural area, the role of a PSB is not confined to banking. It also encompasses a more holistic developmental agenda. PSBs are the one-stop shop for all financial needs of the rural populace, including insurance, financial literacy, remittance and receipt of welfare subsidies and grants, amongst others
Banerjee said that during his meeting with the prime minister the latter had joked that the media was trying to trap him and get anti-Modi comments out of him.
The survey also credited its positive projections on the political stability ensured by a singleparty majority government at the Centre.
Gross NPA ratio is set to decline from 9.3 per cent in March this year to 9 per cent in March 2020.
In wake of RBI Governor Urjit Patel’s remark that the central bank has limited powers over state-run banks, the government…
A day after the government set a 15-day deadline for public sector banks (PSBs) to examine all non-performing assets above…
Not every bank employee is into policy decisions, only General Managers, senior managers and members of the Board. Majority of…
Several public sector lenders on Saturday said they have received capital infusion from the central government. State-owned Bank of India…
Recapitalisation is a major issue for state-run banks owing to the massive non-performing assets (NPAs), or bad loans, accumulated by…
