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PSB MANTHAN
State-run banks rolling out GCC, AI road map under EASE 9.0 reformsPublic sector banks are set to launch a global capability centre strategy by FY27. State Bank of India will lead this initiative. Banks wil...- PSB meet for road map to create global lenders likely this monthThe government plans a conclave for state-run banks this month. The aim is to create globally competitive lenders for Viksit Bharat 2047. T...
- PSU banks to drive Viksit Bharat 2047Financial Services Secretary M Nagaraju urged PSBs to strive for global competitiveness and strengthen governance at the PSB Manthan 2025. ...
- India aims for two PSBs on world top 20 list by 2047Strengthening corporate governance in PSBs, improving customer experience, and making them globally competitive through modernisation — inc...
- 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...
- Consolidation round 2 seen ahead for PSBsThe government is considering further consolidation of public sector banks to create globally competitive, larger lenders. This initiative ...
- Govt nominees on PSB boards told to review reform pathGovernment nominees on bank boards, mostly senior officials from the finance ministry, will periodically review and suggest course correcti...
- PSBs plan to create central talent poolState-run banks are proposing to create a central talent pool and finalise a three-year business strategy for individual banks, aiming to i...
- FM Nirmala Sitharaman to review NPA above Rs 100 crore on June 20In PSB Manthan 2022, held in April, banks were asked to set up a three-year roadmap to improve their performance and competitiveness. Banks...
- Banks need to adopt customer-centric approach: Finance MinisterSpeaking at the event virtually attended by heads of public sector banks (PSBs), Financial Services Secretary Sanjay Malhotra said all PSBs...
- 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...
- 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 ...
- Finmin asks banks to tap capital marketFinancial Services secretary Sanjay Malhotra suggested that PSBs should explore more collaboration and that large banks should share their ...
- DFS Secretary asks banks to soar up balancesheet; raise capital from marketDuring the meeting with top executives of PSBs at Manthan 2022, Financial Services Secretary Sanjay Malhotra exuded confidence that public ...
- 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...
- Shape up or face music: PNB chief tells 300 bank branchesWe have given notice to all loss-making branches that within one year they should turnaround or face mergers or closure, said Sunil Mehta, ...
- 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.
- FinMin wants small state-run lenders to 'find niche', not ape large banksIn the next two months as such, boards of nearly 12 such small public sector lenders are expected to share with the government their plans ...
- 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...
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