PSB Mega Mergers – Bank of Baroda, IDBI, Central Bank of India and OBC To Merge as Single Entity

Public Secotr Bank’s (PSB) merger talks started again – The government is planning to merge four state-owned banks, namely India’s third-largest PSU bank by assets

Syndicate Bank Declared Q4 Results 2018

Syndicate Bank Q4 Results 2018 – Public sector lender Syndicate Bank has published the financial results of Q4 FY 2017-18. Bank has reported a net loss of

Allahabd Bank Under Restriction to Collect Deposits and Lending

Reserve Bank of India has put additional restriction on State Run Public Sector Bank Allahabad Bank in lending to risky assets and accepting high cost

Probable List of Public Sector Banks For Merger

If believe on the recent reports by leading fiancial newspapers, there are few Public Sector Banks, which could be merged by end of this financial

These 11 Public Sector Banks are Now On RBI Watchlist

Reserve Bank of India (RBI) has listed out the 11 Public sector banks on their watchlist and monitoring their performances. According to central bank, these 11

PNB Detected Rs 1.13 Lakh Crore Fraudulent Transactions

If this news is true, India’s biggest ever fraudulent transactions detected at one of the branch in Mumbai of State run Punjab National Bank. Fraudulent

Does Banking Act amendments Really help in Resolving NPA’s ?

A lot of say about new Banking Regulation act amendment policy by the Central government, which empower RBI to tackle large Non Performing Accounts or