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Tag: public sector banks

Public sector banks have not recovered even Re 1 against Rs 5 written off in last 9 years: Lok Sabha

Public sector banks have not recovered even Re 1 against Rs 5 written off in last 9 years: Lok Sabha

December 11, 2023December 11, 2023 · Banking

PSBs could not recover even Re 1 as against Rs 5 written-off during nine fiscal years starting 2014-15, data presented in the Lok Sabha on Monday showed. “Public…

Read more Public sector banks have not recovered even Re 1 against Rs 5 written off in last 9 years: Lok Sabha
FSIB firms up Panel for ED appointments in Public Sector Banks

FSIB firms up Panel for ED appointments in Public Sector Banks

July 15, 2023July 16, 2023 · Banking

Financial Services Institutions Bureau (FSIB), a single autonomous professional body, has recommended the names of as many as 16 candidates to form part of the Panel for FY24…

Read more FSIB firms up Panel for ED appointments in Public Sector Banks
12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries

12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries

May 21, 2023May 21, 2023 · Banking

Top public sector banks have come out all guns blazing when it came to year-on-year bottom line growth in the just-ended March 2023 quarter, an analysis of results…

Read more 12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries
50 defaulters defrauded banks of ₹92,000 crore, says Finance Ministry data

50 defaulters defrauded banks of ₹92,000 crore, says Finance Ministry data

December 19, 2022December 19, 2022 · Banking

Top 50 defaulters have frauded ₹92,000 crore from banking system, information provided by Finance Ministry in Lok Sabha revealed. This list is led by Gitanjali Gems with over…

Read more 50 defaulters defrauded banks of ₹92,000 crore, says Finance Ministry data
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