Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale.......
The banking sector is much better placed to handhold India Inc, but it’s still too early to sing “Happy days are here again!” Abhijit Lele & Raghu Mohan report. Illustration:......
Heads of various public and private sector banks on Thursday sought to present a counter-narrative on RBI Governor Shaktikanta Das warning lenders about the perils of extreme risk aversion in the......
As per the mega consolidation plan, Oriental Bank of Commerce and United Bank of India will merge into Punjab National Bank (PNB); Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank......
The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees. Illustration: Dominic Xavier/Rediff.com The government on......