by AIP Online Bureau | Aug 26, 2023 | Banking & Bancassurance, Indian News, Policy
Dinesh Khara,Chairman,State Bank of India “There is a discussion to increase the age limit for retirement of chiefs of PSBs . Simultaneously, discussions are on for raising superannuation age for managing directors of PSBs to 62 years from 60 years,” the...
by AIP Online Bureau | Jul 9, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Finance Minister Nirmala Sitharaman Some of the challenges highlighted during the meeting between Finance Minister Nirmala Sitharaman and heads of public sector banks included the declining share of market share in terms of advances, and low-cost deposit mobilisation...
by AIP Online Bureau | May 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results NEW DELHI: Public sector banks’ cumulative...
by AIP Online Bureau | Dec 19, 2022 | Banking & Bancassurance, Indian News, Regulation
In the Union Budget for the financial year (FY) 2021-22, he said, the government’s intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises (PSEs) was announced The government on Monday said it...
by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News
It is expected that each year around 75 senior management participants will attend this programme on and off campus involving around 30 days (may include weekends) of various interventions during the 9.5 months leadership development journey Mumbai: The new formed...
