Friday, January 27, 2023
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Public sector banks

News Updates

Finance Ministry to organise meeting with heads of public sector banks on Jan 19

PSU Watch Bureau -
Finance ministry has called a meeting for heads of public sector banks & financial institutions to review the progress of various social sector schemes
PSU Appointments

Govt raises maximum tenure of PSU banks MD, CEO to 10 years

PSU Watch Bureau -
The maximum tenure of CEO and MD of PSU Banks has been increased to 10 years, a move that will help the government retain the best talent in the banking sector
News Updates

Ops in public sector banks likely to be hit, pan-India strike on Nov 19

PSU Watch Bureau -
Operations in public sector banks may be impacted as bank union All India Bank Employees Association (AIBEA) has given a pan-India strike call for Nov 19
News Updates

Bank of Baroda enables digital loans through the Account Aggregator Framework

PSU Watch Bureau -
Mumbai: Bank of Baroda, one of India's leading public sector banks, has announced that it has gone live on the Account Aggregator (AA) platform...
News Updates

Government urges PSUs to create a roadmap for filling all vacancies by next year

PSU Watch Bureau -
Government seeks data to fill up vacancies at PSUs and urges them to prepare a robust strategy to fill in the gaps
News Updates

Bank employees association expresses concern over depleting forex reserve

PSU Watch Bureau -
Expressing concern over depleting forex reserves, an AIBEA leader said if the issue is overlooked, it may lead to severe economic crisis like in Sri Lanka
News Updates

India doesn’t need so many public sector banks, says former SBI chief

PSU Watch Bureau -
While observing that public sector banks are not enabled enough, the former SBI chief asserted that wholesale privatisation of PSBs is not the answer either
News Updates

Finmin calls meeting of PSU banks chiefs on Sep 21

PTI -
The Finance Ministry would review vacant positions and monthly recruitment plan of public sector banks (PSBs) and financial institutions in a meeting on Sept 21
News Updates

RBI ex-Governor suggests 10-yr road map for privatisation of all public sector banks

PSU Watch Bureau -
Former RBI governor D Subbarao has suggested that the government should come up with a 10-year road map for privatisation of all Public Sector Banks (PSBs)
News Updates

Bank union opposes public sector banks’ ‘loan melas’ on bad loan pile-up fears

PSU Watch Bureau -
Bank unions are opposing 'loan melas' organised by public sector banks, saying that credit granted without much diligence at such events lead to pile-up of NPAs
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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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