Finmin Asks Banks And Insurance Companies to Expedite Resolution of Public Grievances
A meeting chaired by Financial Services Secretary M Nagaraju was held in which complainants, PSBs, public sector insurance ...
Banks driving rural growth via collateral-free loan support: FM Sitharaman
Finance Minister Nirmala Sitharaman emphasizes PSBs' role in rural empowerment through collateral-free loans and Central ...
BAANKNET, a revamped e-auction portal for properties with public sector banks launched by DFS secretary M Nagaraju
The e-auction portal ‘Baanknet’, launched by DFS Secretary M Nagaraju, consolidates information on e-auction properties from ...
Looking For A Cheap Property? Government's New Baanknet Portal Opens Doors To Affordable Homes, Shops, & More
On January 3, 2025, the Indian government launched the Baanknet portal, a new e-auction platform designed to make property ...
Private banks outrun public sector peers in priority lending benchmarks
Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas ...
RBI flags high attrition in private banks
High attrition rates in private sector and small finance banks are a significant risk factor, causing operational disruptions ...
What RBI has in store for banks and NBFCs: New regulation, lens on unsecured loans
The RBI report on banking trends and progress shows health of India’s banking system remained robust, with banks’ ...
Headcount at state-owned banks slumps to lowest in 13 years, shows RBI data
Between FY17 and FY24, public sector banks lost more than 100,000 employees even as staff across the country's banking sector ...
9% interest: Your guide to the best fixed deposit rates in January 2025
Investors are also encouraged to review the tenure of their investments. Longer-term deposits may offer more attractive rates, but they come with the caveat of reduced liquidity.
A significant milestone awaits public banks in 2024-25; spotlight falls on several key indicators
India's public sector banks are projected to surpass Rs 1.5 lakh crore profits by 2024-25 due to low NPAs and robust credit growth. Asset quality and profitability have improved significantly, though ...