Page 2 Psb: Latest News and Updates, Top Stories, Videos, Photos About Psb

Punjab & Sind Bank Revises Interest Rates On Saving Bank Deposits

Punjab & Sind Bank (PSB), a public sector lender, has changed its interest rates on saving bank deposits. The new savings bank deposit interest rates are effective from February 1, 2022. Following a recent modification, the bank is now giving a ...

Punjab & Sind Bank Debuts “Swasth Bharat FD Scheme” With An Additional Rate of 0.15%

Punjab & Sind Bank (PSB) launches "Swasth Bharat TD Scheme" with an additional rate of interest of 0.15%. This term deposit scheme can be opened by individuals who have got at least one dose of COVID-19 vaccine. The scheme is valid ...

Banks NPAs Decline To Rs 8.34 Lakh Crore At March-End 2021: Minister

Non-performing assets (NPAs) or bad loans of banks have declined by Rs 61,180 crore to Rs 8.34 lakh crore at the end of March 31, 2021, as result of various steps taken by the government, Minister of State for Finance Bhagwat ...

Loan For Covid Treatment: Public Sector Banks To Lend Upto Rs 5 Lakh

Good news! Now individuals can apply for unsecured loans up to Rs 5 lakh from public sector banks for covid treatment. This comes in the aftermath of the pandemic's current second wave, which has swept the country, wreaking havoc on families. ...

After A Merge Of 8 PSBs In The Last Two years, Know All About Your Cheque Book Validity

If you are a customer of Dena Bank, Vijaya Bank, Corporation Bank, Andhra Bank, Syndicate Bank, Oriental Bank of Commerce, United Bank of India, or Allahabad Bank which are merged in the last 2 years, then it's the right time to ...

Operating Profits Of Private Sector banks Could Decline By 15%: India Ratings

India Ratings and Research (Ind-Ra) has said that the operating buffers (pre-provisioning operating profit - PPOP) of the top five private sector banks by advances size, constituting 25% of overall banking and 75% of private bank space, could decline by up ...

Govt Tells Banks To Suspend New Schemes, Cut Avoidable Expenses This Year

On Wednesday, the government asked state-owned banks to defer avoidable expenditure. Schemes that have already been approved for the current financial year would remain suspended till 31 March next year or till further orders. This comes in the background of cost-saving ...

RBI And Govt Has Plans For Yes Bank, Says Report

The Reserve Bank of India and the government are mulling over a plan for Yes Bank as the latter is not through with its fund raising plan as yet. And in it, they are considering an interim bail out for the ...

Banks Likely To Be Closed For 4 Days Next Week Amid Employee Strike

Four bank officers' unions have threatened to go on a two-day strike on 26 and 27 September. This is in addition to the 2-day peaceful demonstration to be held outside the Parliament on 20 September by the United Forum of Bank ...

PSB Home Loans In 59 Minutes: Eligibility And How To Apply?

The "PSB loans in 59 minutes" portal started its in-principle approval of retail loans in 59 minutes on 5 September 2019. The government initiative allows borrowers to apply for a loan from a wide number of public and private banks ...

What Will PSB Mergers Mean For Customers, Employees And Shareholders?

With a motive to strengthen the public sector banking (PSB) business, Finance Minister Nirmala Sitharaman, on Friday, announced the consolidation of 10 PSBs into 4. These mergers will take time to be implemented, however, stakeholders of the decision, that is, the customers, ...

Here's How PSB Merger Plans To Strengthen Indian Banking

A major decision was announced by Finance Minister Nirmala Sitharaman on Friday. Ten public sector banks are proposed to be merged into four, based on their regional, technological and other similarities for smoother mergers. The government in its release said that ...

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