The government is open to the further consolidation of banks depending on needs, Minister of State for Finance Anurag Singh Thakur has said. Last year,...
The merger ofΒ Public Sector Banks (PSBs)Β into four entities is unlikely to revive credit growth or have meaningful cost synergies, said a report by Credit Suisse....
Punjab National Bank Punjab National Bank(PNB) and Allahabad Bank have launched retail loan product that is linked to the Reserve Bank of Indiaβs (RBI) repo...
After disclosures made by Punjab National Bank and Allahabad Bank recently, state-owned Punjab and Sind Bank reported over Rs 238 crores fraud byΒ Bhushan Power...
Reserve Bank of India fines four more banks for non-compliance with various guidelines. The banks were penalized by RBI for not sharing the transaction report...
The Allahabad Bank, Corporation Bank and Dhanlaxmi Bank Ltd has been removed from the Reserve Bank of India (RBI) Prompt Corrective Action framework. The Board...