India is eyeing a significant revamp of the banking laws that includes ring-fencing bankers from the Lokpal Act, stock options for state-ow...

With the approval of their Boards, lenders may decide on a threshold of ₹10 lakh or ₹20 lakh, depending on their business size, to examine ...

Besides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their ...

Sitharaman was speaking after launching PSB Alliance-Doorstep Banking Services. The minister further said banks have to introspect on their...

Frontline staff will continue to attend office this month as the last fortnight of the fiscal is the busiest time of the year. There will a...

Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.

Finance minister Nirmala Sitharaman sent a strong message to banks to lend without fear of the ‘three Cs’ at a meeting last month. The ‘thr...

Finance Minister announced amalgamation of ten public sector banks into four big banks.

IBA has pegged the cost of updating pension in PSBs at Rs 95,000 crore .

A letter from the dept of financial services to bank chiefs says that commission should instead be paid to the bank as income.

The bank unions have been pressing for various demands, including wage revision in the wake of the proposal for a 2 per cent hike in salary.

The gap between private and public sector staff base has narrowed during the period; the ratio of PSB staff to that of private banks employ...

"This government is of view that we should create ESOPs for PSB bank staff," Jayant Sinha said at a function organised by BMS and NOBW.

CBI has reported that they have registered a total number of 139 trap cases against Bank official/officers during the last four years.

Prime Minister's Jan Dhan Yajana has been an "astonishing success" and 100 per cent households have been covered by it.

The finance ministry has set up a committee to suggest a formula for revision in compensation of employees of public sector bank after the ...

PSBs will have to recruit over 70,000 executives/year for next 5 years assuming that productivity of employees would increase by 50%. Offic...