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MANTHAN 2017
FinMin for creation of two globally competitive banks as part of Viksit Bharat visionIndia is set to elevate its banking sector. The nation envisions two of its banks among the world's top 20 by 2047. This ambition was discu...- Six working groups set up to suggest ways to improve functioning of PSBs to submit report by DecThe senior banker, who participated in the recently concluded Manthan 2022 - a meeting of the top PSU bankers, said the six working groups ...
- The tech-tonic shift that is helping retailers run business betterTechnology is not just creating a better user experience, it is helping retailers run business better.
- Bankers want jewellery industry to become more transparentThe current liquidity crisis in the gems and jewellery industry and bank's non-performing assets have coincided affecting the lenders givin...
- PSBs identified 54 international operations for rationalisation by mid-January: MinisterAs on January 31, 2018, PSBs had about 165 overseas branches, besides subsidiaries, joint ventures and representative offices.
- PSU banks plan rationalisation of another 69 overseas officesPublic sector banks are in the process of closing or rationalising about 69 overseas operations in the next few months as part of their cap...
- FinMin kicks off Insurance ManthanThe six point agenda includes – Sustainable and Prudent Business, Talent Management and Customer Orientation.
- Law and order situation in Haryana 'worrisome, Khattar government should resign: CongressFormer chief minister Bhupinder Singh Hooda said the party legislators will meet here tomorrow to discuss the burning issue and "rising cri...
- Govt ties recapitalisation of Public Sector Banks to action on reforms agendaThe final reforms blueprint will have about 35 action points, including customer services, rationalisation of branches, common customer ser...
- Finance ministry asks PSBs to consider selling, swapping loan assetsDepending on their competencies, banks can look at opportunities to buy or swap loan assets, sources said, adding this was one of the issue...
- Finance Ministry asks banks to open MSME intensive branchesThe decision to this respect was taken in the 'PSB Manthan' organised by the finance ministry last month.
- PSBs look to frame common rules to value stressed assetsNon-performing assets of PSBs have increased to Rs 7.33 lakh crore as of June 2017 from Rs 2.78 lakh crore in March 2015.
- Finmin asks PSU banks to act swiftly to deal with NPAsOne of the focus areas of the meeting was effective monitoring to ensure better recoveries from the stressed assets, a senior public sector...
- No easy capital for PSBs, stick to reforms: Banking Secretary Rajiv KumarLast month, the govt had unveiled a Rs 2.11-lakh crore 2-year road map to bolster NPA-hit public sector banks, which includes recapitalisat...
- IIM Shillong organized Manthan finance and consulting conclaveLakshmi Iyer, CIO, Fixed Income & Head-Products, Kotak Mahindra Asset Management Company, initiated the discussion by talking about the NPA...
- Low trader enrolment, technical glitches may delay GST launchWhile July 1 is the Centre's self-imposed deadline, the final date for the launch according the constitutional amendment is September 16.
- Centre wants states on board for water lawCentre looking to implement key water-related schemes in a time-bound manner, experts and senior officials from across the country discusse...
- Uma Bharti pitches for speedy implementation of projects under PMKYSUma Bharti today pitched for speedy implementation of projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKYS) and directed formation ...
- RSS meet starts, strategy for UP, Bihar polls to be discussedRSS chief Mohan Bhagwat will also address thousands of ganvesh (orgnaisation members) at the railway ground here.
- RSS' 'manthan' likely to focus on BJP's debacle in Delhi pollsA RSS functionary said the meeting would also include workers active in other organisations, including the BJP and VHP.
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