The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...

Dominance of banking by PSBs has also been a hurdle in the way of improving the regulatory regime, which, in turn, hampers the modernisatio...

India needs 'fewer' but stronger Public Sector Banks (PSBs), and the smaller ones could be privatised or merged, former SBI chief Arundhati...

According to Subbarao, coming up with a roadmap would provide much needed predictability to stakeholders. Subbarao further said that the bi...

The Reserve Bank of India, as the regulator of the banking sector, is neutral to ownership, Governor Shaktikanta Das told ETNow in an inter...

Congress spokesperson Supriya Shrinate said the press conference was scheduled to discuss a very important study by the RBI research unit p...

The paper was published Thursday as part of the RBI Bulletin. A gradual approach to privatisation could help achieve the broader social obj...

The release also stated that the researchers are of the view that instead of a big bang approach, a gradual approach as announced by the go...

The paper argued that while private sector lenders are more efficient in profit maximisation, public sector banks (PSBs) have done much bet...

The Reserve Bank of India said that if the sole motive is not only profit maximisation, then state-run banks have scored over the private c...

This is tantamount to conducting banking business without obtaining a banking licence from RBI, in violation of the provisions of the Banki...

The main features of such a framework could include relaxations in ownership and management criteria for these banks to make room for a wid...

Many PSU banks, including SBI, have informed their customers that their normal working could be affected at the branches and offices if the...

The finance minister had announced earlier this month that the government would privatize two of the 12 state banks in the country without ...

The govt is likely to consider only banks that were not part of the recent consolidation, which would exclude Punjab National Bank, Bank of...

Government should not only disinvest but actively privatise PSU banks, says the Godrej Industries chairman.

AIBEA General Secretary, CH Venkatachalam said that the banks belong to people and represent the hard earned savings of the people and must...