Sunday, May 22, 2022
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Public sector banks

Govt nominates new non-official Directors in these Public Sector Banks

The Ministry of Finance has nominated a number of officers for the appointment as Non-Official Director on the Board of Public Sectors Banks (PSBs)

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

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

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

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

Sitharaman Revival Plan: How NOT to help the MSMEs

While the government left no stone unturned by doing five-day consecutive press conferences to revive all sections of Indian economy including the MSMEs, the latter seems to be facing big hurdles in availing the new credit facility

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