Search in

Home News PSU banks

Read more interesting news from around the globe with Indianmoney App

Google Play
News Image

Next 2 months crucial for economy: SBI chief

Wednesday, September 4, 2019, 8:38 AM

The next two-months are crucial for the Indian-economy that's facing its worst slowdown in six-years amid debate about whether the downturn is cyclical or structural as the key automobile industry faces headwinds, said SBI chairman Rajnish Kumar. He reiterated his support for the government's move to consolidate state-owned banks. India's growth slumped to a six-year low of 5% in the June quarter.
News Image

FM unveils big reforms to usher in professionalism in PSU banks

Friday, August 30, 2019, 7:54 PM

Finance Minister Nirmala Sitharaman unveiled a set of bold reforms with the stated objective of enhancing credit growth in order to put India on the path to becoming a $5-trillion-economy and at the same time sought to ring-fence the credit system to avoid a repeat a Nirav Modi type loan fraud. The FM also announced that all PSU banks will now have non-executive chairman.
News Image

Harassment fears hold back PSU banks from lending to private sector

Wednesday, July 31, 2019, 8:13 PM

PM Modi's biggest challenge to kick-start a slowing economy in his second-term has become even more daunting because of the low investment by the private sector. GDP growth in the fourth quarter of the last fiscal year came down to a five year low of 5.8%, causing concerns among the policy makers. However, weak private investment had remained a challenge throughout PM Modi's first-term(2014-19).

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.