#publicsectorbanks

[indextrader]

Indian PSU Banks vs Private Banks

Image by macrovector_official on Freepik The comparison between Indian Public Sector Undertaking (PSU) banks and private sector banks is a topic of considerable interest, given their distinct roles, operational strategies, and customer experiences in the Indian banking industry. Here’s a detailed explanation of the key differences between them: 1. Ownership and Governance PSU Banks: These…

[aanmeega-thagavalgal]

Anna University Recruitment 2021 – அண்ணா பல்கலைக்கழகம் வேலைவாய்ப்பு 2021..!.

[net4news]

‘PSBs sanctioned loans worth ₹50,076 cr. to A.P. since 2019’

The State government has availed of loans to the tune of ₹50,076 crore from the public sector banks (PSBs) since April 1, 2019. Answering an unstarred question raised by TDP Rajya Sabha member Kanakamedala Ravindra Kumar on Tuesday, Union Minister of State for Finance Bhagwat Karad disclosed these details. The loans were sanctioned by the PSBs to various companies and corporations owned by the State government, he said. As per the provisions of Clause (b) of Sub-section(1) of Section 21A of the Reserve Bank of India Act,1934, the RBI, by agreement with any State government, may undertake the issue of any new loans by the latter. “In accordance with the same, the RBI currently acts as a banker to all State governments except for Sikkim. Thus, new loans are issued by the RBI (and not by banks) in its capacity as a banker ,” Mr. Bhagwat Karad explained. According to him, the Bank of Baroda sanctioned ₹9450 crore, while Bank of India sanctioned ₹7,075 crore. The State Bank of India sanctioned ₹15,047 crore, while Bank of Maharashtra sanctioned ₹2,800 crore. Similarly, the Central Bank sanctioned ₹2,307 crore. Indian Bank sanctioned ₹4,300 crore. Indian Overseas Bank and Punjab National Bank sanctioned ₹1,750 crore and ₹5,797 crore respectively to the State government. Punjab and Sind Bank sanctioned ₹750 crore, while Union Bank of India sanctioned ₹6,800 crore, the Minister said. Source link Read the full article

[indianyoutubercharu]

Finance Minister Nirmala Sitharaman aims to create a robust banking system. To achieve this, she announced a slew of mergers. Will the #BankMerger help in reviving the banking sector? #BahiKhateMeinLocha #Gdp #8YrsOfIngeniousMANKATHA #PublicSectorBanks #Merger #India #BJPForIndia #GDPFreeFall https://www.instagram.com/p/B1yw3PPpqbd/?igshid=i5vgosj0i81a

[jaswant29]

Banko mein staff ki Kami ke chalte Bank karmi lagatar aatmhatya karne ko majbur ho rahe hain iska ek jita jagta namuna #IBA #UFBU #AIBEA #AIBOA #IBPS #BANK #RMGB #SBI #OBC #BOB #CANARABANK #UCOBANK #UNITEDBANKOFINDIA #VIJAYABANK #PUBLICSECTORBANK #PSUBANKS (at Rawatsar) https://www.instagram.com/p/B3gCGgsBOpw/?igshid=1nisz9szcxdkp

[elite-investment-advisory-blog]

Bank of Baroda Stock gains Ahead of Merger

State owned Bank of Baroda share price surged for a third consecutive session today. The stock was quoting at Rs.129.95, up 6.91% intraday post lunch hours of trade on the NSE, while the benchmark NIFTY went up 108 points or 0.95% on the day, quoting at 11553.55 and the Sensex at 38498.72, up 365 points or 0.96%. At the same time, the Nifty Bank index rose 6.38% at 30,400.60 with major gains in bank of Baroda. Bank of Baroda stock has gained near 18.75% in last one month. The buzzing of the stock driven as govt has decided to infuse Rs5042 crore into Bank of Baroda ahead of merger of two other public sector banks viz Dena Bank & Vijaya Bank with Bank of Baroda. The amalgamation of Dena Bank & Vijaya Bank with Bank of Baroda would be effective from first April, 2019. As per the Scheme of merger, VijayaBank’s shareholders will get 402 equity shares of Bank of Baroda for every 1000 shares held. In the case of Dena Bank, its share-holders would get 110 shares for every 1000 shares of Bank of Baroda. The govt in Sept-2018 had announced the amalgamation/merger of Vijaya Bank and Dena Bank with Bank of Baroda, aiming to make the 3rd-largest lender after State bank of India and ICICI Bank. Get Nifty Future Tips , Commodity tips, Stock future tips by Best Stock Advisory Service in India. Read Article The Power of Risk/Reward and Hedging Read the full article

[myfinancialzone-blog]

Reconsider the penalty! Government asks SBI

[pgo4distributors]

IBPS PO 2022 Exam syllabus. Read Pre, Mains and Interview section wise full syllabus. Full strategy for preparation your IBPS PO Exam. Quantitative, Reasoning, English, and Current Affairs full details. For more post follow @coekpg Like : www.facebook.com/coekpg www.coekpg.org #ibpspo #ibpssyllabus #ibps2022 #ibpsexams #quantativeaptitude #reasoning #english #preexam #mainsexam #interview #examsyllabus #bankpo #career #aspriants #ibpsguruji #ibpsguide #ibpsenglish #ibpsmains #ibpsjobs #ibpspreparation #competitiveexams #bankjobs #publicsectorbanks #following #follow https://www.instagram.com/p/CarYiOnvDO0/?utm_medium=tumblr

[aitoolswhitehattoolbox]

Cognizant Hiring CA,B.Com,M.Com,MBA For Sr. Associate 🔰More Info Please visit website give in our profile to Apply👇 @world_jobs_news Hashtags 👇👇👇 #publicsectorbanks #privatesectorbanks #localareabank #regionalruralbanks #ujjivansmallfinancebank #f

Qualification required is CA,B.Com,M.Com,MBA Job location is Pune Cognizant is Hiring CA,B.Com,M.Com,MBA . Cognizant is an American multinational corporation that provides IT services, including digital, technology, consulting, and operations services. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH.Interested and eligible candidates apply online with link provide at the bottom and check eligibility before and Eligibility details as follows: Vacancy details : Company Name: Cognizant Location :Pune Post Name: Sr. Associate Qualification: CA,B.Com,M.Com,MBA Experience :01+years of total experience  No of Vacancies:Not Disclosed by Recruiter Salary:Not Disclosed by Recruiter Job Description/Skills Required  Contribute to Account Mining & Penetration efforts with active participation in customer planning process, including strategic planning phase vs execution phase. Drive RFP Response & Improving Quality of Response (more business value focused), structures solutions in terms of scoping, effort.  Work with SME groups across domains/products to provide a complete end to end solution, including estimates and definition of critical factors, assumptions, and risks. Contribute to transformational and consulting deals vs staff augmentation. Drive oral presentations to the customers in area of domain/product expertise. Support revenue generation and be considered a FINDER. Read the full article

[wisepalacemakerdonkey-blog]

Less words in less Time as on 22/11/2019. #businessnews #finance #business #ndtvprofit #zeebusiness #nifty50 #nse #bse #gst #cfalevel1 #news #stockmarket #cafinal #mba #cfa #bba #bjp #dhfl #rbi #catrolls #mohammadtabrezclasses #castudents #cajokes #zeenews #publicsectorbanks #sebi #wework #upsc (at Hyderabad, India) https://www.instagram.com/p/B5J5GwyFItq/?igshid=d7by8j80mbd3

[thegulfindians]

How to save public sector banks?

Saving the sinking public sector banks in India #indianeconomy #publicsectorbanks #rbi #tgi #thegulfindians

The Reserve Bank of India (RBI) has warned that the total non-performing assets (NPAs) of public sector banks in India will grow by 15.2% by the end of the current financial year. At present it is 11.3%. The warning comes in a statement issued by the Reserve Bank of India the other day.

Rating agencies and financial research institutes estimate that Indian banks will have to raise between…

[smestreet]

Public Sector Banks Disbursed MSME Loans Worth Rs 14690 Under ECLGS

#PublicSectorBanks Disbursed #MSME_Loans Worth Rs 14690 Under #ECLGS

Public Sector Banks (PSBs) have disbursed Rs 14,690.84 crore till June 11, under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector, hit hard by the coronavirus-induced lockdown, said Finance Ministry.

Taking to micro-blogging site twitter, the Finance Minister’s office, on Friday, said that PSBs have sanctioned loans worth Rs 29,490.81 crore under the 100 per…

[jffc-in-blog]

Turnaround time - Business Line

http://bit.ly/2J74DUo #BusinessCycle, #EconomicRevival, #GDP, #Investments, #PublicSectorBanks, #Q4

[m-n-a-critique]

It’s sell or shrink as public sector banks forage for growth capital

It’s sell or shrink as #PublicSectorBanks forage for growth capital

As state-owned banks face the prospect of further provisions on account of the Reserve Bank of India’s (RBI’s) latest effort to clean up banks’ books and as recent frauds punch holes in the books of some of them, several lenders will have no alternative but to sell their family silver.

State-owned banks are in deep trouble because they own close to 80% of the Rs10 trillion worth of stressed…