banks

To redeem Kingfisher Airlines’ debt, SBI-led banks will sell shares of Vijay Mallya worth Rs 6,200 crore

A group of banks, led by the country's largest lender, State Bank of India (SBI), is planning to sell stakes…

3 years ago

In a year, banks collect Rs 13,706 crore from six major assets through the insolvency process

According to statistics published by the Insolvency and Bankruptcy Board of India (IBBI), banks and other financial creditors received Rs…

3 years ago

In the fourth quarter of FY21, Indian Bank’s net profit of Rs 1,709 crore

Indian Bank, a public sector institution, recorded a net profit of Rs 1,709 crore for the fourth quarter of FY21…

3 years ago

In the fight against coronavirus, Canara Bank has announced three loan schemes

As part of the fight against the epidemic, the state-run Canara Bank unveiled three lending initiatives on Friday, including healthcare…

3 years ago

Employees of PSU banks will receive a small bonus as an incentive.

The performance-linked portion in the wage agreement signed with the Indian Banks' Association (IBA) in November 2020 would provide a…

3 years ago

The RBI has asked PSBs to put recently announced steps into effect immediately.

The Governor of the Reserve Bank of India has urged banks to continue concentrating on improving the strength of their…

3 years ago

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