Finance Ministry to review PSBs performance today, Secretary Nagaraju will chair high-level meetThe Department of Financial Services is holding a major meeting with Public Sector Banks today. The focus is on strengthening digital banki...
FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...
Banks seek RBI guidance as multiple nominations create claim settlement hurdlesBanks are facing difficulties settling claims when multiple people are nominated on accounts. This is causing operational problems for fina...
CBSE providing all 'possible support' to students: Board Sources on answersheet mismatch complaintsThe Central Board of Secondary Education is actively addressing student concerns regarding re-evaluation. Cases of mismatched answer sheets...
CBSE again extends deadline for scanned answer book requests till May 25The Central Board of Secondary Education has extended the deadline for students to request scanned copies of their Class 12 answer books. T...
Education Minister Dharmendra Pradhan, Finance Minister Sitharaman discuss CBSE payment gateway overhaul; 4 PSU banks to assistUnion Education Minister Dharmendra Pradhan has initiated a significant overhaul of the CBSE payment gateway system. This move follows wide...
June quarter earnings to determine market direction, says Sunil Subramaniam, warns on risks in near termMarket expert Sunil Subramaniam advised caution amid geopolitical uncertainty and rising input costs, while favouring consumer durables, ca...
PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
JP Morgan warns of FY27 earnings risk, says Nifty can fall to 20,500 in bear caseJP Morgan has cautioned that India’s FY27 earnings face significant risks from an extended energy and logistics shock linked to the Middle ...
Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EVIndia’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting t...
ET Graphics: BoP stability tested by outflows & Rupee fallIndia's external accounts are under strain. The current account deficit is widening, and capital may flow out. The rupee has weakened signi...
PSBs tap liquidity buffer to meet strong loan demandPublic sector banks are seeing their liquidity coverage ratios decline. This trend is driven by strong loan demand outpacing retail deposit...
Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26Public sector banks in India saw loan write-offs fall to multi-year lows in fiscal year 2025-26. This positive trend is attributed to fewer...
India plans central back office for rural banks amid rising AI risksThe Indian government is set to revolutionize the landscape for Regional Rural Banks with the introduction of a central tech hub dedicated ...
RBI likely to pay record dividend to govt this yearThe Reserve Bank of India is set to transfer its highest-ever dividend to the central government. This substantial payout will offer the Ce...
State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMinPublic Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong ...
Banks asked to expand digital infra for last-mile reachFinancial services secretary M Nagaraju on Wednesday reviewed the progress of financial inclusion schemes with public sector banks (PSBs) a...