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Unclaimed Deposits With Banks Stood At Over Rs 52,174 Crore In 2024: Minister
The government on Tuesday revealed that unclaimed deposits with public sector banks (PSBs) and private sector banks (PVBs) rose to more than Rs 52,174 crore in three fiscals (2022-2024) -- from Rs 42,271 crore in FY23.
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Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
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Bharat Bandh On July 9: Who Called It, What's Open, What's Closed
Over 25 crore workers from government sectors such as banking, postal services, mining, construction, and transport will go on a nationwide general strike, or Bharat Bandh, on Wednesday, July 9.
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15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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Centre "Bleeding Dry" Public Sector Banks: P Chidambaram Rips Into Budget
Senior Congress leader and former finance minister P Chidambaram criticised the 2021 budget today on several counts, including special outlays for election-bound states and the measures announced for the Public Sector Banks or PSBs. "The intent of the government is clear -- to let the PSBs bleed slowly so that they can be privatized," he said.
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Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
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Anti-Corruption Bureau Files Case Against Former J&K Bank Chairman
Anti-Corruption Bureau (ACB) has registered a case against former chairman of Jammu and Kashmir Bank for allegedly causing loss to the public sector lender while executing a deal with a private insurance company, officials said Tuesday.
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On Bad Loans, Nirmala Sitharaman Blames Congress-Led Government
Defence Minister Nirmala Sitharaman on Tuesday blamed the Congress-led UPA regime for public and private sector banks facing huge corporate bad loans.
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No 5-Day Bank Shutdown In September, Don't Panic, Says Finance Ministry
The Finance Ministry on Friday issued a statement denying reports that a number of public and private sector banks are likely to be closed for the five days of September.
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Bank Customers Paid Rs 5,000 Crore Last Year For Minimum Balance Breach
As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.
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Two-Day Bank Strike Leaves 80 Lakh Cheques Uncleared
The two-day nation-wide bank strike ended today with nearly 80 lakh cheques in various public sector, old generation private sector, foreign and regional rural banks remaining uncleared, bank unions claimed.
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Nirav Modi Scam "One-Off" Case: SBI Chief Rejects Privatisation Calls
The demands for privatization of national banks, triggered by the massive 11,000 crore fraud at the Punjab National Bank involving celebrity jeweller Nirav Modi, has been rebutted by State Bank of India chairman Rajnish Kumar. In an interview to NDTV, Mr Kumar has defended the record of public sector banks and asked if private banks have an unblemi...
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Probe Focuses On Whether Loans Diverted By Mehul Choksi's Unlisted Firms
Beyond the Rs 12,600 crore fraud reported by Punjab National Bank (PNB), several other private and public sector banks could also be at risk of losing their money as Gitanjali Group is in no position to repay working capital loans worth Rs 5,280 crore, people familiar with the matter said
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In Three Years, Government Banks Reported 239 Frauds A Month
The 11,300 crore fraud in Punjab National bank (PNB), involving celebrity designer Nirav Modi, may have jolted the banking system, but the rot runs deep. PNB, the second biggest public sector bank in India, reported 471 cases of fraud between 2014-15 and 2016-17, according to the central government.
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Unclaimed Deposits With Banks Stood At Over Rs 52,174 Crore In 2024: Minister
The government on Tuesday revealed that unclaimed deposits with public sector banks (PSBs) and private sector banks (PVBs) rose to more than Rs 52,174 crore in three fiscals (2022-2024) -- from Rs 42,271 crore in FY23.
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Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
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Bharat Bandh On July 9: Who Called It, What's Open, What's Closed
Over 25 crore workers from government sectors such as banking, postal services, mining, construction, and transport will go on a nationwide general strike, or Bharat Bandh, on Wednesday, July 9.
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15,000 Crore Of Vijay Mallya, Nirav Modi's Assets Restored To Banks: Centre
Properties worth Rs 14,131 crore - that once belonged to Vijay Mallya - have been seized and handed to public and private sector banks to pay off a part of the fugitive businessman's substantial debts, Finance Minister Nirmala Sitharaman said.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
Centre "Bleeding Dry" Public Sector Banks: P Chidambaram Rips Into Budget
Senior Congress leader and former finance minister P Chidambaram criticised the 2021 budget today on several counts, including special outlays for election-bound states and the measures announced for the Public Sector Banks or PSBs. "The intent of the government is clear -- to let the PSBs bleed slowly so that they can be privatized," he said.
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Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
-
Anti-Corruption Bureau Files Case Against Former J&K Bank Chairman
Anti-Corruption Bureau (ACB) has registered a case against former chairman of Jammu and Kashmir Bank for allegedly causing loss to the public sector lender while executing a deal with a private insurance company, officials said Tuesday.
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On Bad Loans, Nirmala Sitharaman Blames Congress-Led Government
Defence Minister Nirmala Sitharaman on Tuesday blamed the Congress-led UPA regime for public and private sector banks facing huge corporate bad loans.
-
No 5-Day Bank Shutdown In September, Don't Panic, Says Finance Ministry
The Finance Ministry on Friday issued a statement denying reports that a number of public and private sector banks are likely to be closed for the five days of September.
-
Bank Customers Paid Rs 5,000 Crore Last Year For Minimum Balance Breach
As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data.
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Two-Day Bank Strike Leaves 80 Lakh Cheques Uncleared
The two-day nation-wide bank strike ended today with nearly 80 lakh cheques in various public sector, old generation private sector, foreign and regional rural banks remaining uncleared, bank unions claimed.
-
Nirav Modi Scam "One-Off" Case: SBI Chief Rejects Privatisation Calls
The demands for privatization of national banks, triggered by the massive 11,000 crore fraud at the Punjab National Bank involving celebrity jeweller Nirav Modi, has been rebutted by State Bank of India chairman Rajnish Kumar. In an interview to NDTV, Mr Kumar has defended the record of public sector banks and asked if private banks have an unblemi...
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Probe Focuses On Whether Loans Diverted By Mehul Choksi's Unlisted Firms
Beyond the Rs 12,600 crore fraud reported by Punjab National Bank (PNB), several other private and public sector banks could also be at risk of losing their money as Gitanjali Group is in no position to repay working capital loans worth Rs 5,280 crore, people familiar with the matter said
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In Three Years, Government Banks Reported 239 Frauds A Month
The 11,300 crore fraud in Punjab National bank (PNB), involving celebrity designer Nirav Modi, may have jolted the banking system, but the rot runs deep. PNB, the second biggest public sector bank in India, reported 471 cases of fraud between 2014-15 and 2016-17, according to the central government.
