Tag: Psbs

New Delhi/Mumbai: The central government on Friday made major top management changes in several public sector banks (PSBs). The Appointments Committee of the Cabinet approved the proposed postings of new Managing Directors and CEOs at PSBs like Punjab National Bank (PNB), based on the recommendations by the Department of Financial Services. R. Subramaniakumar, an Executive […]

The government has decided to infuse Rs.6,990 crore in nine public sector banks (PSBs), out of the current year's budget, for which orders are being issued, an official statement said here Saturday

New Delhi: The employees of IDBI Bank have opposed the bank’s categorisation as a private lender and are seeking the option to switch to any other nationalised bank with protection of pay and service. “The All India IDBI Officers’ Association (AIIDBIOA) proposes to go on a one-day hunger strike on March 30 seeking options to […]

New Delhi: Finance Minister Nirmala Sitharman on Tuesday held a review meeting with the Managing Directors of public sector banks (PSB) and asked them to continue reaching out and lending to MSMEs under the collateral-free Emergency Credit Line Guarantee Scheme. In the video conference, she also directed the state-run lenders to try meeting the credit […]