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PSB CONFLUENCE
PSU banks plan youth banking push before Diwali, with savings, loansState-run banks are preparing to launch three financial products aimed at youth, covering savings, investments, insurance, and loans. These...- Banks plan to e-auction cars, vehicles on BAANKNET to speed up recoveriesBanks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streamline the recovery of non-performing...
- Banks seek CRR cut on green deposits to boost green lending in IndiaIn a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimate...
- Sitharaman asks public sector banks to get ‘cool’ for Gen Z with courses, lifestyle perksFinance Minister Nirmala Sitharaman wants public sector banks to appear more appealing to young customers. She urged banks to engage direct...
- Public sector banks have ‘considerable strength’, says FM Sitharaman; asks them to use it with ‘greater ambition’Finance minister Nirmala Sitharaman said public sector banks are operating with “considerable strength” and urged them to use it with “grea...
- Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demandFinance Minister Nirmala Sitharaman urged public sector banks to attract young customers. She suggested a focused 'Banking for Youth' campa...
- Banking sector in strongest position to undertake reforms, high-level panel coming soon: FM SitharamanFinance Minister Nirmala Sitharaman on Monday said India’s banking sector is in its strongest position to undertake the next phase of refor...
- Budget boom! Sensex, Nifty wake up to smell the coffee a day late"The market probably looked at global clues and fell yesterday. The Interim Budget was way beyond expectations of the market on fiscal cons...
- Muhurat Day Trading Guide: Canara Bank among 3 stock recommendationsMuhurat trading will be lighted up by fireworks from the bulls who are set to charge with the support from the mother market US which was s...
- Rupee weakening on relapsing macro vulnerability: Will it slow down growth?It is concerning that the current account deficit (CAD) spiked to 1.9 per cent of GDP in FY18.
- RBI Governor bears out what is behind PSU bank fraudsIn specific context of frauds that have surfaced recently, RBI has put the onus on the govt.
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