SBI sells 13.18% Yes Bank pie for Rs 8,889 cr

The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan......

Should you buy PSU bank stocks?

  Most public sector bank stocks have gained ground since Friday, after the government decided to infuse Rs 70,000 crore in these state-run entities over the next four years.The first tranche......

3 PSU banks will be merged to create India's 3rd largest lender

These PSU banks also account for the lion's share of bad loans or NPAs plaguing the sector and need crores of rupees in new capital in the next two years to meet global Basel III capital norms.......

PSU banks score on customer care

According to the latest data available for 2008-09, of the 69,117 complaints received at 15 banking ombudsman offices throughout the country, 32 per cent or 21,982 complaints were against private......

'Ridiculous' rules leave ICC red-faced

'Umpires treated batsmen like PSU Bank treat customers' IMAGE: India’s Virat Kohli and South Africa’s Aiden Markram chat with the umpire as lunch is called with India needing two runs......