Sunday, August 7, 2022
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Banks Watch Bureau

National News

Shanti Lal Jain appointed MD and CEO of Indian Bank

Banks Watch Bureau -
Shanti Lal Jain has been appointed as Managing Director & Chief Executive Officer in Indian Bank for a period of three years with effect from the date of assumption of office on or after September 1, 2021
National News

Digital transactions in PSBs doubled in past 2 years: Dr BK Karad

Banks Watch Bureau -
Nearly 72 percent of financial transactions of PSBs are now done through digital channels, with customers active on digital channels having doubled from 3.4 crore in FY 2019-20 to 7.6 crore in FY 2020-21
National News

IOB Q1 FY 22 Results: Standalone PAT rises 170% to Rs 327 Cr

Banks Watch Bureau -
Indian Overseas Bank has reported a 170 percent jump in its standalone profit after tax of Rs 327 crore for the June 2021 quarter (IOB Q1 FY 22 Results)
National News

Punjab National Bank (PNB) Q1 profit jumps 231% to Rs 1,023 crore

Banks Watch Bureau -
Punjab National Bank (PNB) net interest income (NII) increased 6.5 percent year-on-year to Rs 7,226 crore during Q1
National News

Number of wilful defaulters rises to 2,494: Nirmala Sitharaman

Banks Watch Bureau -
The total number of unique wilful defaulters reported by Public Sector Banks was 2,017 as on March 31, 2019, 2,208 as on March 31, 2020 and 2,494 as on March 31, 2021, FM told parliament
National News

SBI to levy charges for services from cash withdrawl to cheque book leaves

Banks Watch Bureau -

The country's largest bank State Bank Of India (SBI) has announced charges for cash withdrawal beyond 4 free transactions per month, also for the cheque book beyond 10 leaves in a year

National News

Dinesh Kumar Khara is the new SBI Chairman, appointed for 3 years

Banks Watch Bureau -

Govt has approved the appointment of Dinesh Kumar Khara as the new SBI Chairman, he will replace current SBI chairman Rajnish Kumar whose three-year term comes to an end on October 7

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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