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RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-banking financial companies (NBFCs) and other...
Govt extends tenure of PSB MD, CEO to 10 years, enables PSBs for young...
Public sector banks, PSB CEO tenure extended, PSB MD tenure extended, Current Affairs. The change in the rule also applies to the whole-time directors...
Soft launch of EASE 5.0 PSB Reforms Agenda,
Enhanced Access and Service Excellence-EASE has evolved over four annual editions from FY19 to FY22 and has catalyzed reforms in diverse areas in...
PSB, central bank to get more capital support
Will get major chunk of Rs15,000 cr earmarked for capital infusion into weak state-owned lenders for current fiscal
Large private banks to become larger, consolidation likely over...
Mumbai, Oct 27 The Indian banking sector is set to witness a fresh phase of consolidation over the medium term which will primarily be driven by large...
Explainer: Governments' EASE 4.0 reforms for public sector banks
Finance Minister Nirmala Sitharaman on Wednesday unveiled a set of reforms for public sector banks (PSBs) called EASE 4.0 (Enhanced Access and Service...
How PSBs used tech-driven reforms to rake in big profits
PSBs have reported a profit of Rs 31,817 crore in FY21 as compared to a loss of Rs 26,016 crore in FY20. This is the first year when PSBs have...
Rising yield curve could weigh down on banks' profitability: Ind-Ra
The expected pressure on long-term yield curve triggered by rising inflation trend could impact the profitability of the Indian banking system.
