The respective boards have proposed merger with the State Bank of India (SBI), the parent, in a meeting held today, sources said.

As of December, the SBI's portfolio quality declined with gross NPAs at 5.10 per cent of gross advances as against 4.90 per cent a year ago.

"We have called meeting of managing directors of 13-15 public sector banks tomorrow to discuss various issues," former CAG Vinod Rai said h...

The first meeting was held on April 8, which was attended by Minister of State for Finance Jayant Sinha and RBI Governor Raghuram Rajan.

The Bureau has been constituted to recommend the government on selection of heads of public sector banks and financial institutions.

Vinod Rai will holds its first meeting on Friday. A government official said that the issues taken up for the first meet will also include ...

Former Comptroller & Auditor General of India Vinod Rai has been named the first chairman of Banks Board Bureau.

Crisil report indicates the market share of NBFCs could go up by 47% in the next 3 years, with retail lending touching Rs 4 lakh cr by 2013.