Web1 day ago · The finance ministry on Thursday exhorted the public sector banks (PSBs) to achieve the targets allocated to them under the various government schemes for financial inclusion and social security in a time-bound manner. Department of Financial Services (DFS) Secretary Vivek Joshi chaired a day-long review meeting with heads of PSBs, where ... WebOct 26, 2024 · Traditionally, banks in India have enjoyed a high level of trust with depositors. The safety perception is generally higher for public sector banks (being "government banks"). "There is a general perception that PSU banks may stand a higher chance of being salvaged by RBI than private banks," says Sousthav Chakrabarty, co-founder and CEO of ...
RBI To Develop a Centralised Portal To Search Unclaimed Deposits
WebJan 8, 2024 · Policy finalized by RBI 2 major changes done as below rest point same. 1.A. Norms for selection of branches of Public Sector Banks (PSBs) for Statutory Audit: i. … WebApr 8, 2024 · An April 1 government note allows public sector banks to raise the pay scale of chief general managers (CGMs) by as much as 62%. This makes their remuneration … the overspent american transcript
6 public sector banks excluded from Second Schedule of RBI Act
WebApr 6, 2024 · In a people-friendly move, Reserve Bank of India (RBI) governor Shaktikanta Das on Thursday announced the development of a common web portal to search for unclaimed deposits. According to the Union government, the total unclaimed deposits transferred to RBI by the public sector banks (PSBs) as of February 2024 was Rs35,012 … WebMay 15, 2024 · The government, in 2016, had approved the constitution of the BBB as a body of eminent professionals and officials to make recommendations for appointment of whole-time directors as well as non-executive chairpersons of public sector banks (PSBs) and state-owned financial institutions. It was also entrusted with the task of engaging with the … WebOct 18, 2024 · Oct 18, 2024. State Bank of India was the leading Indian public sector bank based on market capitalization with nearly 3.7 trillion Indian rupees as of October 2024. … theo versteeg