Topic: public banks
The government had listed the Banking Laws (Amendment) Bill, 2021 in the Winter Session of Parliament but it still awaits cabinet approval.
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.
TN Ninan -
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.
From levying charges on cash deposit to processing fee on debt recast, both public and private lenders are finding a way to boost revenue.
Education loan NPAs of state-run banks rose to nearly 9% as of March 2018, according to data available with the Indian Banks' Association.
In the IBGs, third-generation anti-tank and air defence weapons, and loiter ammunition must be available down to unit level.
In Asia, gasoline margins have doubled to more than $33 a barrel since the end of March and have edged above those for diesel, which have eased from a peak in early May.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.