Public Sector
(Search results - 30)BusinessMar 22, 2024, 4:59 PM IST
Public sector banks handling NPAs better than private sector banks: FICCI-IBA survey
Reports from the survey by FICCI and IBA indicate that the public sector banks are overseeing NPAs better than their rivals, private sector banks. In the last six months, all the public sector banks noted a drop in the NPAs, whereas only 67% of private banks cited a decline, while 10% reported a surge.
Beyond NewsOct 13, 2021, 9:12 PM IST
Meet India's new Maharatna company: Power Finance Corporation
The Maharatna status will further enable the Power Finance Corporation to offer competitive financing for the power sector, which may boost efforts to provide affordable round-the-clock power for all.
IndiaApr 14, 2021, 2:10 PM IST
Indicating inclination for Ayurvedic products, IMPCL boasts turnover of Rs 164.33 crore
The Indian Medicines Pharmaceutical Corporation Limited (IMPCL), the public sector manufacturing unit of the Ministry of Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homoeopathy (AYUSH) has recorded a turnover of Rs 164.33 crore for the financial year 2020-21
IndiaMar 17, 2021, 12:44 PM IST
'Make in India' initiative: First batch of Barak-8 MRSAM missile kits for Army, IAF rolled out
The missile kits which were rolled out on Tuesday will now be moved to the defence public sector undertaking Bharat Dynamics Limited for further integration
IndiaAug 1, 2020, 4:18 PM IST
Government to come out with strategic sectors list soon, says finance minister Nirmala Sitharaman
The finance minister said that the government will soon come out with a new public sector enterprises policy
PoliticsOct 22, 2019, 5:25 PM IST
Nirmala Sitharaman Hits Back At Manmohan Singh Over Modi's Dream Of $5 Trillion Economy
On October 15 while Delivering a lecture at the prestigious Columbia University's School of International and Public Affairs, Finance Minister Nirmala Sitharaman said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan Singh and RBI Governor Raghuram Rajan. Dr. Manmohan Singh responded to this comment of Sithraman and said that this government should stop blaming the opponents and focus on solving the issue. “This government has now been in office for five years. It should have learnt from our mistakes and provided a credible solution for the economy. Watch The Video For More Updates.
BusinessSep 20, 2019, 2:44 PM IST
Boards of 10 PSBs accord in principle approval to their merger: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman had on August 30 announced the merger of 10 public sector banks into four
IndiaSep 15, 2019, 6:04 PM IST
Bank strike on September 26, 27 against merger, people to remain cashless for four days
Four banking unions have called for a strike on September 26, 27. As the days following these dates are fourth Saturday and Sunday, banks will continue to be closed for two more days after the strike. Here is why banks have convened a strike.
EconomyAug 31, 2019, 5:42 PM IST
India faces economic slowdown, experts advise not to panic
India is reeling under an economic slowdown. The government has decided to consolidate public sector banks, indicates its resolve to address the slowdown in GDP growth. Experts and politicos assess the ground reality on MyNation.
IndiaAug 30, 2019, 8:43 PM IST
From bank merger to Saaho release, watch MyNation in 100 seconds
Rashi Verma, a class 10 student from Lucknow after clearing an online quiz will now be witnessing the historic moment of Chandrayaan-2 landing on Moon’s surface on September 7. Prime Minister Narendra Modi will also witness the historic moment. The woman who had accused BJP leader Chinmayanand of sexual harassment has been found in Rajasthan. A team of Uttar Pradesh police traced her and picked her up this morning when she was with a friend. Catch the top stories of the day on MyNation in 100 seconds.
EconomyAug 30, 2019, 5:31 PM IST
Nirmala Sitharaman announces governance reforms, merger of public sector banks
Finance minister announced major merger of public sector banks (PSB). Since 2017, the number of public sector banks has come down from 27 to 12. Here is the list of PSBs merged since 2017.
EconomyAug 17, 2019, 5:02 PM IST
Finance ministry seeks help of public sector banks to achieve $5 trillion economy
According to a communication by the finance ministry to the heads of Public Sector Banks (PSBs), it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level
IndiaAug 3, 2019, 5:01 PM IST
RBI imposes Rs 11 crore fine on seven public sector banks for violating norms
The Reserve Bank of India has imposed fine on Allahabad Bank, Bank of Maharashtra, Bank of Baroda, Bank of India, Indian Overseas Bank, United Bank of India and Oriental Bank of Commerce Bank for violating norms on current account opening
IndiaJul 8, 2019, 3:50 PM IST
Trinamool Congress MPs protest, raise slogans against disinvestment in Rajya Sabha
Trinamool Congress members in Rajya Sabha disrupted the proceedings of the Upper House by protesting against disinvestment of public sector companies
IndiaJun 16, 2019, 12:34 PM IST
Pinarayi Vijayan opposes privatisation of Thiruvananthapuram airport, speaks to PM Modi
Kerala chief minister Pinarayi Vijayan expressed stiff opposition to the privatisation of the Thiruvananthapuram international airport. Vijayan sought PM Modi to retain the airport in the public sector.