Tag: Public Sector Bank

Public sector bank employees have decided to go on a 4-day strike from January 21 to protest against the "rigid and callous attitude" of Central Government in resolving the long pending wage revision issue, a senior union leader said here today

New Delhi: In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks. United Bank of India and Oriental Bank of Commerce will be […]

New Delhi: Public sector Indian Overseas Bank has received capital infusion of Rs 4,360 crore from the government. In a regulatory filing to the stock exchanges, the bank said it has received the amount as contribution of the government in preferential allotment of equity shares during the financial year 2019-20 as government’s investment. The bank […]

New Delhi: The Finance Ministry on Tuesday said that there has been no increase in service charges by any public sector bank even as Bank of Baroda decided to withdraw changes made with regard to the number of free cash deposit transactions in a bank account per month. Bank of Baroda had made certain changes […]