With almost 25,000 seats up for the taking the Common Written Exam for Probationary Officers is a golden opportunity for candidates aspiring for jobs in India’s public sector banks. The......
In view of the appeal by the prime minister to all citizens to donate generously to the PMNRF to help relief and rehabilitation operations, 12 banks have been authorised to receive such......
One hundred and thirty officials of different government departments were slapped with major penalty by the Central Vigilance Commission for their alleged involvement in corruption. Of these, a......
The Central Vigilance Commission has penalised 130 government employees for their alleged involvement in corruption. Of these, 29 were Syndicate Bank officials, nine each were from Canara Bank and......
India needs 4-5 "SBI size" banks to meet the growing needs of the economy and industry, Finance Minister Nirmala Sitharaman said on Sunday. Addressing the 74th Annual General Meeting of the Indian......
Banks are also weighing the option of hiring experts for help in specialised areas. Illustration: Uttam Ghosh/Rediff.com Public sector banks (PSBs) named for merger by the government have formed......
All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity. Illustration: Uttam Ghosh/Rediff.com The human resource integration for the......
A more prudent solution for a cash-strapped government would be to sell its stake in PSBs. The financial position of India’s public sector banks (PSBs) has deteriorated sharply over the past......
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer......