Public Sector Banks Archives

Banking

Centre asks public sector banks to expedite target achievement for current...

PGurus Newsdesk - July 21, 2023 0

Banking Secretary asks heads of banks to regularly review the progress and ensure the achievement of targets of the saturation campaign The Centre has urged...

70s-style show of might by Trade Unions – last croak of a dying frog or does it have legs?

Commerce

Nationwide strike: Trade unions’ forum says bandh-like situation in at least...

Team PGurus - March 28, 2022 0

Public Sector Banking services also affected The joint forum of central trade unions on Monday said that a bandh-like situation prevailed in at least eight...

T M Bhasin, former Vigilance Commissioner to head the Advisory Board ABBFF

Banking

Central Vigilance Commission (CVC) expands scope of banking frauds panel to...

Team PGurus - January 6, 2022 0

Threshold for investigating bank frauds lowered to Rs.3 crore by the CVC The Central Vigilance Commission (CVC) on Thursday expanded the scope of the Advisory...

Assets recovery - who else benefited from sanctioning these loans to the Mallyas and Choksis and why are their assets not seized?

Banking

Indian Banks recover Rs.13,100 cr from assets sale of fugitive defaulters...

Team PGurus - December 20, 2021 3

Recovering assets from fugitive defaulters - drop in the bucket? Finance Minister Nirmala Sitharaman on Monday said that India’s public sector banks have recovered...

While all know that the farmers' stir is not by farmers, no one knows how to solve it. Here is a simple fix.

Opinion

Mr. Modi, here is a simple way to solve the farmers’...

Sree Iyer - December 13, 2020 4

Mr. Modi time for action is now All you must do is put six people in gaol – that is it. Just six people and...

The AIBEA on Saturday released the list of willful defaulters who owe Rs.1,47,350 crore to public sector banks

Banking

Bank staffers’ union AIBEA releases list of wilful defaulters of public...

Team PGurus - July 18, 2020 17

India’s largest bank staffers union, the All India Bank Employee’s Association (AIBEA) on Saturday released the list of wilful defaulters who owe Rs.1,47,350 crore...

As FM P Chidambaram exploited the 2008 Financial crisis to the hilt in dispensing huge loans with large kickbacks

Banking

Sky-rocketing NPAs since FY2008: Role of P Chidambaram

Team PGurus - April 28, 2020 16

Why are NPAs Skyrocketing? Yes, the Modi government has been in power for six years. Yes, the Non-Performing Assets (NPA) of several Public Sector Banks...

Union Cabinet has given a go-ahead for Bank merger, 10 Public Sector Banks to turn into four big banks.

Banking

Public Sector Banks Merger … Will it work to succeed?

Natraj Shetty - March 7, 2020 1

The Union Cabinet has given a go-ahead for the merger proposal and the government claim to have assessed the banks for mergers. The Union Cabinet...

Why the Banking crisis is a manufactured one, why merging of Small Banks is not good, the need for small banks etc. Growth in India happening inspite of Govt. not because of it.

Videos

Conversation with Prof. RV on why three PSU banks merged? What...

Sahil Mishra - September 27, 2018 1

https://youtu.be/mOW2f9qpk2w What is Basel norm? Banks lend to different types of borrowers and each carries its own risk. They lend the deposits of public as well as...