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PSB HEADS
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...- PSU bank stocks vs private banks in FY27: The valuation trap you need to avoidPSU banks achieved historic profit and NPA lows in FY26, yet analysts favor leading private banks for FY27. This shift is driven by superio...
- Finance Ministry asks PSBs to complete wage revision process in next 12 monthsPublic sector banks must begin wage revision talks for employees and officers. Negotiations for the 13th Bi-partite settlement are to be fi...
- 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 ...
- 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 ...
- Financial services secretary holds review meeting with PSB heads on PM Vishwakarma SchemeIn a statement, the finance ministry noted that officials from the MSME ministry also attended the meeting.
- 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...
- PM Modi to meet PSB heads on Wednesday, likely to discuss issues being faced by financial sectorPresentations by the PSB heads are likely to cover the key issues being faced by the sector in the backdrop of the slowing economy besides ...
- Finance minister, PSB heads to talk ways to prop up economy todayFinance minister Nirmala Sitharaman will review implementation of the budget announcement on the absorption of merchant discount rate charg...
- FinMin, PSB heads to talk repo-linked loansThe RBI had last week cut the repo rate — or, the rate at which it lends money to commercial banks — to 5.4% so that banks can reduce their...
- Shaktikanta Das meets PSB heads, reiterates call for faster transmissionAcknowledging the "discernible improvements in the banking sector," Das pointed out that there still are several challenges to be addressed...
- Kotak Mahindra Bank joins ‘PSB Loans in 59 Minutes’Kotak will offer loans up to Rs 1 cr to micro, small & medium enterprises in India through this platform.
- Privatisation: A bad solution for India’s banking problemsThe current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...
- FM to meet PSB heads tomorrow; NPAs, rate cut on agendaJaitley is expected to review the interest rate cut by banks following reduction in the key policy rate by RBI in September.
- PSB heads can now go on foreign trips without finance ministry's permissionThe ministry said in a circular that whole-time directors of public sector banks and financial institutions can proceed on foreign trips wi...
- 12 executive directors invited for interviews to select 4 PSB headsGovernment has invited 12 executive directors of state-run banks to fill the posts of heads in 4 smaller banks- Corporation Bank, Andhra Ba...
- Hemendra Kothari's daughter to marryFinancial services institution DSP BlackRock Mutual Fund is in celebratory mode with non-executive chairman Hemendra Kothari's daughter Adi...
- Is RBI's disassociation from selection process of PSB heads right?Leaving the job entirely to an independent panel of experts will further extend the process of delinking the top appointments at banks from...
- Punjab & Sind Bank IPO settles 6% up on debut dayPunjab & Sind Bank’s IPO — 2010’s last IPO to list on bourses — debuted at a 6% premium to the offer price on Thursday.
- Parochial chairman?The demand that the chairman of PSB must be a Sikh is untenable.
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