PSB Xchange prepares for 2026 launch with Rs 3 lakh crore loan ambitionA new digital platform from the PSB alliance goes live in January 2026. This platform will offer small businesses a streamlined way to get ...
20 Nov, 2025, 01.12 PM IST
PSBs explore joint ventures after success of common auction portalPublic sector banks in India are exploring more joint ventures. This is to improve business and operations. A committee is reviewing capita...
14 Jul, 2025, 12.13 AM IST
PSU banks to set up common platform for debt recoveryState Bank of India, Punjab National Bank, and Bank of Baroda, along with two other PSBs, are collaborating on a common collection firm via...
03 Jun, 2025, 07.21 AM IST
Doorstep banking service to submit life certificate: Know the charges for availing DLC for pensioners of SBI, Canara Bank, PNB, Bank of IndiaDoorstep banking: Pensioners had to visit Pension Disbursing Authorities in the past, which was difficult for senior citizens. Digital Life...
08 Nov, 2024, 05.01 PM IST
How to submit annual life certificate using doorstep banking service: Important things pensioners must knowHow to submit an annual life certificate using doorstep banking: The Jeevan Pramaan service is a digital service with biometric authenticat...
08 Nov, 2024, 01.33 PM IST
Banks hiring agents to upload videos of NPAs being auctionedBanks in India are employing doorstep agents to capture photos and videos of mortgaged assets for auctions on eBKray, a platform that lists...
03 Oct, 2024, 11.39 PM IST
IBDIC working on Letter of Credit on blockchainAccording to Indian Banks' Association (IBA), Indian Banks' Digital Infrastructure Company (IBDIC) is working on implementing domestic Lett...
04 Dec, 2023, 10.30 PM IST
State banks plan one portal to map clientsState-run banks in India are considering the establishment of a common blockchain platform to issue letters of credit and facilitate multi-...
24 Oct, 2023, 11.52 PM IST
Public sector banks tie up with Veefin Solutions for cloud-based MSME lending platformPublic sector banks in India have partnered with technology firm Veefin Solutions Ltd to offer supply chain financing for micro, small and ...
01 Sep, 2023, 09.02 PM IST
Banks told to ensure nominees for all accounts & lockersA senior official confirmed the development and said that the government has also written to the Reserve Bank of India on this issue. "We h...
06 Jun, 2023, 01.02 AM IST
Public Sector Banks plan app for e-auctioning 500k propertiesState-run banks will set up an e-auction app to dispose of about 500,000 properties over the next five years. "Our target is that in the ne...
20 Apr, 2023, 06.18 AM IST
PSBs to set up joint digital platform to connect with fintech companiesUnder the model, fintech companies will conduct all preliminary credit checks through a third-party application platform interface (API) an...
04 Jan, 2023, 12.29 AM IST
Stocks in news: KFin Tech, SBI, Tata Power, Gujarat Gas, Tata Steel, Sheela FoamExpiry of the December derivative series will bring in some volatility in the market. The overall trading volume is expected to remain mute...
29 Dec, 2022, 06.57 AM IST
PSBs asked to set up one national helplineThe move comes following complaints over defunct bank helpline or contact numbers given for consumer redressal. "A single helpline will hel...
20 Oct, 2022, 11.47 PM IST
Credit push: State-run banks told to collaborate with startups, fintech cosIn PSB Manthan 2022, held last week, banks were asked to set up a three-year roadmap to improve their performance and competitiveness. Bank...
26 Apr, 2022, 12.43 AM IST
PSBs form 'Alliance' to provide door step bankingBesides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their ...
07 May, 2021, 06.42 AM IST
Banks are catalysts of economic revival: FM Nirmala SitharamanSitharaman was speaking after launching PSB Alliance-Doorstep Banking Services. The minister further said banks have to introspect on their...
09 Sep, 2020, 07.25 PM IST