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Govt renews search for five PSU bank chiefs; norms relaxed

As it continues its search for chiefs at five public sector banks, the government has relaxed eligibility criteria with regard to age and experience of applicants. While the age limit has been......

Can getting an ATM PIN cost you Rs 300? It's possible!

It can if your debit card belongs to a PSU bank I'm quite happy and relieved today. Not because I have a got a promotion or a hefty salary hike (I wish it was true). But simply because I can......

Bank of Baroda best placed among PSU banks

Bank of Baroda has relatively better position on impaired assets, diversified loan book and cheaper valuations. Public sector banks (PSBs) have been a strict no-no for investors, due to impaired......

Women directors: 32 PSU firms non-compliant with Sebi norms

As many as 32 public sector firms, including GAIL, ONGC, NTPC, SAIL and Punjab National Bank have failed to comply with regulator Sebi's norms to appoint at least one woman director on their......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......
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Markets continue to trade in red; healthcare and realty stocks drag

SENSEX 27315.61 122.33 0.45% NIFTY 8254.30... ...

http://www.finalaya.com/News/Markets-continue-to-trade-in-red-healthcare-and-realty-stocks-drag-N391093.aspx
Sensex, Nifty Trade Lower; Infosys Continues Decline

Benchmark indices opened the day marginally higher in trade led by gains in select banking and IT stocks, but soon drifted into the red. The Sensex... ...

http://www.goodreturns.in/news/2015/04/27/sensex-nifty-trade-lower-infosys-continues-decline-352860.html
Modi keeping state banks on fund diet puts weight on bond market

Banks in India need to find as much as Rs22,000 crore of common equity to cushion against future losses this financial year, Moody's Investors... ...

http://www.livemint.com/Money/L4EfMTAQWODVujkLlQrMeN/Modi-keeping-state-banks-on-fund-diet-puts-weight-on-bond-ma.html#nav=latest_news
DBTL weeds out 3 crore bogus LPG connections

The Direct Benefits Transfer for LPG scheme or DBTL (also known as PAHAL), billed as the world's largest cash transfer programme, has weeded out... ...

http://www.financialexpress.com/article/economy/dbtl-weeds-out-3-crore-bogus-lpg-connections/67103/
First step in PSU bank merger drill

New Delhi, April 26: The finance ministry is looking at the possibility of merging at least five state-run banks - from Andhra Bank, Bank of... ...

http://www.telegraphindia.com/1150427/jsp/business/story_16850.jsp

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