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PSBs open 11,887 branches, recruit over 1.72 lakh in last 3 FYs

Last Updated: Tuesday, March 12, 2013, 16:38

Public sector banks (PSBs) opened 3,719 branches in 2009-10; 3,506 branches in 2010-11; and 4,662 branches in 2011-12, Minister of State for Finance Namo Narain Meena said in a written reply to the Rajya Sabha on Tuesday.

PSBs' risk mgmt lower than pvt sector counterparts: Chakrabarty

Last Updated: Sunday, December 16, 2012, 17:57

"Knowingly you give money to some unviable projects. That is a governance issue...In many cases, our public sector bankers have forgotten to say 'no', except to small borrowers. A banker's first characteristic should be to say no," Chakrabarty said in an interview.