Fitch upgrades ratings for banks

Global rating agency Fitch has upgraded its support ratings for several Indian banks, including ICICI Bank, HDFC, Punjab National Bank, Canara Bank, Bank of India and IDBI among others. The support......

Govt clears names of 20 public sector bank heads

The government on Wednesday approved 20 senior-level appointments in public sector banks. While the appointments for the post of chairman and managing directorwere announced for Canara Bank,......

6 PSU banks join Rs 1 lakh crore club

Higher credit offtake combined with robust deposit growth saw six public sector banks cross the landmark Rs 100,000 crore figure in business turnover, which includes net deposits as well as......

Robust review before PSU bank chiefs are selected

The Reserve Bank of India has begun to review the performance of those appointed to or candidates for the top posts in public sector banks.The move to make the appointment process more robust comes......