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Sitharaman urges banks to boost deposits

Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Photograph: Shrikant......

Credit growth, quality assets likely to spur bank profits in Q4 FY24

With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Illustration:......

Has India's 'Bad Bank' Worked Or Not?

The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......

How Punjab & Sind Bank plans to boost deposits

'We are targeting good quality current and salary accounts.' Illustration: Dominic Xavier/Rediff.com State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost......

Big-bang privatisation of PSUs can be harmful, says RBI article

A gradual approach to privatise public sector banks (PSBs) is more ideal than taking a big-bang approach, a study by Reserve Bank of India (RBI) staff has concluded. Illustration: Dominic......

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