Indian banks are working together to create a unified platform for validating paper-based bank guarantees. The system is designed to curb f...

Banks plan to launch a common portal to monitor consortium loans, sharing data such as audit reports, borrower responses, stock statements,...

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

Public sector banks in India are exploring more joint ventures. This is to improve business and operations. A committee is reviewing capita...

State Bank of India, Punjab National Bank, and Bank of Baroda, along with two other PSBs, are collaborating on a common collection firm via...

Banks in India are employing doorstep agents to capture photos and videos of mortgaged assets for auctions on eBKray, a platform that lists...

Indian scheduled commercial banks have recovered around Rs 10 lakh crore from non-performing assets (NPAs) in the last nine financial years...

Launched in 2018, EASE programme sets a common reforms agenda for public-sector banks every year. EASE aims to foster new-age reforms in Pu...

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

In a tweet, Indian Banks' Association chief executive Sunil Mehta said that the finance minister asked banks to prioritize on customer-firs...

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

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

"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...

These accounts had an exposure of Rs 100 crore or more with state-run banks, MoS for finance tells Lok Sabha.

This assumes significance as the capital infusion in the state-owned banks is directly linked to their performance on reforms front.

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

PSBs are unwilling to sell their NPAs at the discounts mandated, given asset quality.