Now on all private banks can collect tax, pay pension

The finance ministry on Wednesday allowed all private sector banks to participate in government-related business, like collection of taxes. pension payments and small savings schemes. IMAGE:......

Govt to amend two laws to ease privatisation of banks

To facilitate privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. IMAGE: Kindly note that this image has been posted for......

'After Covid, demand will be back with a vengeance'

'When there is unlocking, there is demand revival.''This is going to be the main growth engine in this kind of an economic scenario.'   Photograph: PTI Photo State Bank of India Chairman......

Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......