PSU bank stocks extend dominance over private lenders in 2024, record 4 consecutive years of gains
The Nifty PSU Bank index concluded the year with a gain of 14.48%. Among the top performers, State Bank of India (SBI) led ...
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 ...
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 ...
Record 100,000 Employees Quit Govt Banks In 7 Years: Headcount Lowest In 13 Years
Public sector banks in India are witnessing a sharp decline in their workforce. Recent data from the Reserve Bank of India ...
MuleHunter.AI is RBI’s New Weapon to Combat Financial Fraud
MuleHunter.AI is RBI’s new weapon to strengthen the financial system by preventing money laundering activities. The RBI will ...
DFS Secretary unveils revamped E-auction portal
Financial services secretary M Nagaraju launched a revamped 'Baanknet' portal aimed at streamlining property e-auctions from ...
The Times of India on MSN23h
MuleHunter.AI: RBI’s new weapon against fraudsters
The Reserve Bank of India is working with fintech institutions to fight mule account cybercrimes. They have developed ...
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 ...
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25% Attrition Rate in Private Banks Pose Operational Risks: RBI
While the total number of employees of private sector banks surpassed that of public sector banks (PSBs) during FY23-24, ...
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 ...
PNB and BoM clock good deposit and advances growth in Q3FY25
Public sector banks’ seem to have clocked healthy deposit and advances growth in the third quarter (Q3FY25), going by ...
These Were the Major Developments in Pakistan’s Banking Sector in 2024
Pakistan's banking sector maintained robust growth during 2024, experiencing a profitable trajectory, expansion in operations, and attractive returns on ...