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Govt to infuse more capital into PSBs

Centre allocates Rs20,000cr in Budget 2021-22 for regulatory requirements

M Narendra, former CMD, Indian Overseas Bank

Corporates' pie in deposit ownership widening

RBI extends dates for classification of bank credit to focused NBFCs

UCO Bank shares surge 10% as RBI lifts PCA restrictions

Centre may front load capital provisioning for PSBs

Shares of 4 PSBs jump up to 10% on capital infusion

Banks

SBI General ties up with IOB

SBI General Insurance on Monday said it has tied-up with Indian Overseas Bank (IOB) for a bancassurance partnership for selling its non-life

IOB, Central Bank of India clarify on privatisation reports

Markets

IOB inks deal with SBI Gen Insurance

Public sector Indian Overseas Bank has signed a corporate agency agreement with SBI General Insurance to retail its insurance products to bank...

Banks

Citi's $504-mn blunder a big lesson for banks

Employee social monitoring, app and website blocking, the setting firewall should be encouraged and this can be done by implementing any finest...

Banks

Centre to privatise four govt banks

Privatisation of the banking sector, which is dominated by public sector banks (PSBs) with hundreds of thousands of employees, is politically risky...