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
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
The future of banking: Lessons from the DBS takeoverThe credit-starved Indian market provides a opportunity for universal banks to explore and grow profitably.
07 Jan, 2021, 01.30 PM IST
PSBs to bring financial services to your doorstep from OctoberFinancial services will be a part of the doorstep banking services available to public sector bank (PSB) customers from October, according ...
09 Sep, 2020, 11.51 PM IST
The Ides of March against the idea of reformsUnion Cabinet approved the consolidation of 10 PSBs into four, to be effective from April 1.
11 Mar, 2020, 10.28 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
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
RBI Governor bears out what is behind PSU bank fraudsIn specific context of frauds that have surfaced recently, RBI has put the onus on the govt.
16 Mar, 2018, 07.23 PM IST
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...
16 Feb, 2018, 07.52 AM 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
PSB mergers top priority under banking reformsConsolidation of state-run lenders has climbed to the top of the banking reforms agenda as the cleaning up of their account books gets unde...
23 Feb, 2016, 06.07 AM IST