Category : Search result: Public Sector Banks


Central Banks End Rate Cut Era: Market Impact

Global monetary policy undergoes seismic shift as major central banks signal end to easing cycle. Discover what this means for markets, inflation, and your investments.

India Needs Multiple World-Class Banks: FM

Finance Minister Nirmala Sitharaman pushes for banking sector transformation, emphasizing India's need for multiple large, world-class banks to support its expanding economy and compete globally.

India Needs World-Class Banks: FM Sitharaman

Finance Minister Nirmala Sitharaman announces strategic discussions with RBI and banks to create large-scale, globally competitive Indian banking institutions that can drive economic growth.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

Court: No Interest on Recovered Mallya Funds

In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.

George Banks, 1982 Wilkes-Barre Massacre Killer, Dies at 83

George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug

Maharashtra reserves 70% bank jobs for locals

Maharashtra government mandates 70% employment reservation for locals in district cooperative banks, creating new opportunities for residents while addressing regional employment concerns.

Indian Banks: Extended Margin Squeeze Ahead

Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.

Indian Banks Sell G-Secs Amid Liquidity Crunch

Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.

CM Yogi Vows Swift Public Grievance Resolution in UP

Uttar Pradesh Chief Minister Yogi Adityanath reaffirms his government's commitment to addressing public complaints efficiently through the Integrated Grievance Redressal System, ensuring timely solutions for citizens.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

Powercom Contract Workers Strike in Jalandhar

Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.

CDC Crisis: America's Health at Risk

The Centers for Disease Control and Prevention, America's premier health agency, faces internal chaos and communication failures that threaten public health safety. Learn why experts are sounding the alarm.

November 2025 Bank Holidays: 5 Closure Dates

Planning financial transactions in November 2025? Get the complete list of bank holidays across India. Know when banks will be closed for festivals and weekends to avoid inconvenience.

India's ₹3 Lakh Crore Discom Debt Crisis

India's struggling power distribution companies (discoms) are drowning in debt. A new financial relief package aims to break the cycle, but will privatization and reforms bring lasting change?

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