The Finance Ministry on Tuesday requested non-public banks to provide extra thrust on serving the marginalised sections of the society and fulfilling their banking wants. This was conveyed to those banks at a overview assembly chaired by the Division of Monetary Providers (DFS) Secretary Vivek Joshi within the Capital. A gathering with senior executives of personal … Read more
On the heels of the wage revision for industrial financial institution workers, the All India Financial institution Workers’ Affiliation (AIBEA) now desires the Finance Ministry to announce wage revision for the employees of Regional Rural Banks (RRBs). This financial institution workers physique can also be now demanding that RRBs wage revision be made a part … Read more
The Division of Monetary Providers (DFS) within the Finance Ministry mentioned on Wednesday that its strategic intervention has performed a vital position within the important discount of Non-Performing Property (NPAs) in Scheduled Industrial Banks (SCBs). Gross NPAs have decreased from ₹9,33,779 crore in March 2019 to ₹ 5,71,515 crore in March 2023. Additional, recent slippage … Read more
The Division of Monetary Providers (DFS) has convened a gathering with chief executives of Public Sector Banks (PSB) and SBI Chairman Dinesh Kharra on Friday to assessment the working of the Nationwide Asset Reconstruction Firm Ltd (NARCL). The assembly— to be chaired by DFS Secretary Vivek Joshi — may also assessment circumstances lengthy pending for … Read more