PSU LENDER
PNB Q3 Earnings: PSU lender reports Rs 492 cr loss on higher provisioning
Public lender Punjab National Bank on Tuesday reported a surprise standalone loss of Rs 492.28 crore for the December quarter compared with a profit of Rs 246.51 crore in the same period last year. The PSU bank said provisions for the quarter jumped 73.25 per cent year-on-year...
Merger of PSU banks going smoothly: Nirmala Sitharaman
On the merger of banks, everything is going smoothly, the bank boards have all been on board, they have taken the necessary steps to keep that process going smoothly: Finance Minister Nirmala Sitharaman in Delhi.Merger of PSU banks going smoothly: Nirmala Sitharaman
FM Nirmala Sitharaman unveils four major bank mergers to consolidate 10 PSU lenders
In another round of boosters for the economy, Finance Minister Niramala Sitharaman today announced amalgamation of 10 public sector banks into four big banks. After this the total number of Public Sector Banks in the country will come down to 12 from 27 banks in 2017...
Decision taken by 66% lenders in consortium to be followed by all; SBI to help smaller PSBs in risk assessment: Piyush Goyal
"The bankers have resolved that they will follow a decision taken by 66 per cent of the lenders will now be followed by all the lenders in consortium, and roadblocks will not be created to faster growth of business and industr...
