Thursday, April 15, 2021

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public sector banks

Disbursement of cash under Coronavirus relief package to those who hold Jan Dhan account to take place between 3rd and 9th April: Details

The Department of Financial Services appealed to PMJDY women account holders to check the last digit of their account number and follow schedule shared below to visit banks or Bank Mitras to maintain social distancing during the nation-wide lockdown.

Gross NPA declines for the first time in seven years, thanks to Insolvency and Bankruptcy Code, says RBI report

The RBI report stated that there was a decline in both gross NPA and in the net NPA ratios.

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter

59-minute loan approval scheme has approved loans of 1.12 lakh MSME applicants in less than 2 months

Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.

Economists give a thumbs down to ‘farm loan waivers’, call it a threat for bankers

'Farm loan waiver' strikes a dissent cord amongst bankers and economists

After Nirav Modi scam, Rotomac scandal also finds roots in the Congress government era

The loans are supposed to have been issued from 2009 to 2013

Modi govt expects recovery of bad loans worth more than Rs 1 lakh crore via its new bankruptcy code

TATA steel's takeover of Bhushan steel became the first case fully resolved by IBC

Has the time arrived for privatisation of public sector banks?

India needs to rethink public ownership of banks according to the chief economic advisor

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