Strengthening corporate governance in PSBs, improving customer experience, and making them globally competitive through modernisation — inc...

India 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...

The government is considering further consolidation of public sector banks to create globally competitive, larger lenders. This initiative ...

Government nominees on bank boards, mostly senior officials from the finance ministry, will periodically review and suggest course correcti...

State-run banks are proposing to create a central talent pool and finalise a three-year business strategy for individual banks, aiming to i...

In PSB Manthan 2022, held in April, banks were asked to set up a three-year roadmap to improve their performance and competitiveness. Banks...

Speaking at the event virtually attended by heads of public sector banks (PSBs), Financial Services Secretary Sanjay Malhotra said all PSBs...

In PSB Manthan 2022, held last week, banks were asked to set up a three-year roadmap to improve their performance and competitiveness. Bank...

The senior banker, who participated in the recently concluded Manthan 2022 - a meeting of the top PSU bankers, said the six working groups ...

Financial Services secretary Sanjay Malhotra suggested that PSBs should explore more collaboration and that large banks should share their ...

During the meeting with top executives of PSBs at Manthan 2022, Financial Services Secretary Sanjay Malhotra exuded confidence that public ...

The final reforms blueprint will have about 35 action points, including customer services, rationalisation of branches, common customer ser...

We have given notice to all loss-making branches that within one year they should turnaround or face mergers or closure, said Sunil Mehta, ...

Depending on their competencies, banks can look at opportunities to buy or swap loan assets, sources said, adding this was one of the issue...

The decision to this respect was taken in the 'PSB Manthan' organised by the finance ministry last month.

In the next two months as such, boards of nearly 12 such small public sector lenders are expected to share with the government their plans ...

Last 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...