close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Nationalised Banks

Over 6,000 officers of nationalised banks held responsible for bad loans in FY18: Arun Jaitley

Penalties imposed against the erring officials include dismissal, compulsory retirement and demotion.

Dec 29, 2018, 08:01 AM IST

Banned notes of Rs 1000 and Rs 500 seized in searches should be invested in fixed deposits: HC

Demonetised currency notes of Rs 1000 and Rs 500 denomination seized in corruption cases and other criminal matters and which is accounted for should be invested in fixed deposits with nationalised banks by December 30, the Madhya Pradesh High Court has ruled.

Dec 22, 2016, 18:17 PM IST

'Bank NPAs appear to be bigger scam than 2G scam'

 Attacking the BJP-led Central government over loan waivers for corporates, CPI-M General Secretary Sitaram Yechury on Saturday said the unpaid loans owed by private companies to the nationalised banks was a scam "10 times bigger" than the 2G spectrum scandal.

Oct 15, 2016, 14:58 PM IST

'Private, foreign banks make greater use of loan recovery agents'

Private sector and foreign banks made greater use of agents to recover outstanding loans from customers than nationalised banks, the State Bank of India and its associate banks, the Lok Sabha was informed on Friday.

Dec 14, 2012, 15:19 PM IST

Karnataka to press Centre on farm loan waiver

Karnataka would press the Union Government to direct nationalised banks to waive farm loans of up to Rs 25,000 including interest in wake of the severe drought being faced by the State.

Jul 25, 2012, 16:05 PM IST

NPAs of nationalised banks stand at Rs 59,397 crore: FM

The government on Tuesday said gross non-performing assets (GNPAs) of nationalised banks stood at Rs 59,397 crore at the end of December 2011.

May 22, 2012, 19:13 PM IST

Govt funds to be parked in nationalised banks only

Bihar government has issued an order
that the funds of the central and state governments, besides
whatever earned through other sources, must be parked in
nationalised banks or regional rural banks in Bihar.

May 18, 2011, 19:34 PM IST

State-run banks have to decide on mergers: Pranab

The government has not issued any direction to state-run banks on consolidation and it was up to the banks themselves to decide on mergers, Finance Minister Pranab Mukherjee told parliament on Monday.

Dec 07, 2009, 14:07 PM IST