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Govt To Shut 35 Operations of Overseas PSBs
The overseas operations of the 35 Public Sector Banks (PSB) will be rationalized as a part of the government's effort to improve cost efficiencies and synergies in the overseas market. Rajeev Kumar, Secretary in the Department of Financial Service, tweeted today, ...
Govt to Infuse Over Rs 88,000 Crore in 20 PSBs
The Government has announced a capital infusion of Rs 88,139 crore in 20 Public Sector Banks (PSBs) during the current fiscal, reported PTI. Finance Minister Arun Jaitley said that a detailed exercise was undertaken on the amount to be infused into ...
Govt Infuse Over Rs 88 000 Crore 20 Psb
Rs. 7,577 Crore to be Infused in 6 Weak Public Sector Banks
As part of the recapitalization plan to bolster capital adequacy ratio, the finance ministry has approved the proposal of infusing Rs. 7,577 crore in 6 weak public sector banks (PSBs), reported PTI. All of these banks that would be receiving capital ...
Govt Appoints Executive Directors In 9 Public Sector Banks
The government has approved the appointment of executive directors (EDs) for nine public sector banks. Bajrang Singh Shekhawat has been appointed the executive director of Central Bank of India, an order issued by the Department of Personnel and Training (DoPT) read. ...
Govt Appoints Executive Directors 9 Public Sector Banks
Govt Likely To Lower Number Of Public Sector Banks To 15
India will have 10-15 public sector banks with the government as the majority stakeholder, from 21 now, as part of its plan to consolidate lenders, finance ministry's principal economic advisor Sanjeev Sanyal said. He said cleaning up of the bad loan ...
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