Tag: Finanace Minister

P chidambaram
Bad loans biggest challenge facing public sector banks: FM

Concerned over rising non- performing assets, Finance Minister P Chidambaram on Wednesday asked public sector banks to focus on recovery of bad loans, which happen to be high among large corporate accounts

  • Monday, 21 June 2021
PNB
Govt Announces Mega Merger Of PSBs, Bringing Down Their Number To 12

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 […]

  • Monday, 26 April 2021
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