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Friday, December 12, 2025
TopicPublic banks

Topic: public banks

‘Hotel grab’ linked to Chidambaram kin: Why CBI probe has hit a wall 8 years on

Complainant K Kathirvel had approached CBI alleging that Indian Overseas Bank officials auctioned ‘The Comfort Inn’ at a lesser price & sold it to P Chidambaram's sister-in-law.

Unclaimed deposits worth Rs 67,000 crore lying in banks, 87% in public sector banks alone, Parliament told

SBI holds Rs 19,239 crore in unclaimed deposits, or 26% of the abandoned money in public banking system. PNB, Canara Bank follow.

Singed by farm protests, Modi govt holds up privatisation of 2 PSU banks until state polls

The government had listed the Banking Laws (Amendment) Bill, 2021 in the Winter Session of Parliament but it still awaits cabinet approval.

About 41,177 posts vacant at public sector banks, says Nirmala Sitharaman

In a written reply in Lok Sabha, Sitharaman also said that no post/vacancy has been abolished during the last six years in the PSBs, except one post in Punjab & Sind Bank in 2016.

Let’s stop pretending. Indian banking sector needs to be mostly private to be healthy

It’s virtually written in the stars that private banks will continue to grab a bigger share than public banks. Two or three large, better-run govt banks should suffice.

Higher interest, processing fee — How banks are making hay amid Covid as customers take a hit

From levying charges on cash deposit to processing fee on debt recast, both public and private lenders are finding a way to boost revenue.

Top universities go out of reach as banks reject students after education loans turn bad

Education loan NPAs of state-run banks rose to nearly 9% as of March 2018, according to data available with the Indian Banks' Association.

On Camera

Congress wasted a chance to turn the tables on BJP over Vande Mataram. It chose appeasement

Seven decades after Independence, the “Hindu Congress” is accusing the BJP on the same lines as the Muslim League had done.

NITI Aayog flags what India needs for its ‘$30 tn by 2047’ goal—‘a developed corporate bond market’

Report looks at imbalance between equity & corporate bond markets amid India’s growth ambitions and diverse capital needs, while outlining strategy to unlock full potential.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.