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Tuesday, April 7, 2026
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.

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

Syringes, MRI to ventilators, West Asia war squeezing India’s medical supply chain—costs up 10 to 50%

Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.