Public sector banks
News and Trends
DJT Microfinance Secures INR 130 Cr from PSBs and NBFCs to Expand Operations
The funds will be deployed to expand the lending portfolio, enter new geographies, strengthen digital infrastructure, improve service delivery, and increase outreach to underserved borrowers across rural and semi urban regions.
News and Trends
Big Bang Privatization Can Do More Harm Than Good, Says RBI
The national council of applied economic research (NCAER), on the other hand, reportedly, said that all public sector banks, except the State Bank of India, should be privatized
News and Trends
How Merging Indian PSBs By Government Is Apt For Economy Boost
Finance Minister Nirmala Sitharaman on Friday announced a mega consolidation plan for public sector banks, including Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity