PSBs mull portal to verify paper-based bank guaranteesIndian banks are working together to create a unified platform for validating paper-based bank guarantees. The system is designed to curb f...
26 Feb, 2026, 12.19 AM IST
Banks plan common portal to track consortium loansBanks plan to launch a common portal to monitor consortium loans, sharing data such as audit reports, borrower responses, stock statements,...
25 Sep, 2025, 12.28 AM IST
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...
13 Sep, 2025, 05.30 AM 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
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
Banks recovered Rs 10 lakh crore in last nine financial yearsIndian scheduled commercial banks have recovered around Rs 10 lakh crore from non-performing assets (NPAs) in the last nine financial years...
26 Jul, 2023, 10.48 AM IST
PSU banks give digital lending a push as part of EASE reform agendaLaunched in 2018, EASE programme sets a common reforms agenda for public-sector banks every year. EASE aims to foster new-age reforms in Pu...
18 Sep, 2022, 03.40 PM IST
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...
08 Jun, 2022, 10.35 PM IST
FM launches EaseNext reforms agenda for PSBsIn a tweet, Indian Banks' Association chief executive Sunil Mehta said that the finance minister asked banks to prioritize on customer-firs...
08 Jun, 2022, 09.24 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
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 ...
23 Apr, 2022, 09.04 AM IST
No uncertainty on bank merger; going on as per schedule: FM Nirmala Sitharaman"So the merger and the decision taken by respective banks board are all well taken. We are going as per schedule on that. There is no uncer...
27 Feb, 2020, 08.39 AM IST
NPA tag for 738 loan accounts in 2018-19: Anurag ThakurThese accounts had an exposure of Rs 100 crore or more with state-run banks, MoS for finance tells Lok Sabha.
16 Jul, 2019, 10.14 AM IST
IBA draws plan to measure reform implementation by PSBsThis assumes significance as the capital infusion in the state-owned banks is directly linked to their performance on reforms front.
06 May, 2018, 12.22 PM IST
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...
02 Jan, 2018, 06.11 AM IST
Budget 2017: Forgotten reforms becoming a non-performing asset for banking sectorPSBs are unwilling to sell their NPAs at the discounts mandated, given asset quality.
02 Feb, 2017, 12.43 AM IST