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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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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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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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RBI Chief Questioned By MPs On Supervision Fail In Nirav Modi Scandal
Facing tough questions from parliamentarians on the Nirav Modi scam and bad loans hitting state-run lenders, RBI Governor Urjit Patel said today that the regulator had limited powers to act against public sector banks like Punjab National Bank (PNB).
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After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
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ICAI Issues Show Cause Notices To PNB, Gitanjali Gems Auditors
Chartered accountants' apex body ICAI said it has issued show-cause notices to the auditors of Punjab National Bank and Gitanjali Gems in connection with the Rs 11,300 crore fraud at the public sector lender
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Banks May Increase Deposit Rates In Near Term, Says Icra
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
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PSU Banks Face 1,463 NPA Accounts Of Rs 100 Crore Each
In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter.
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Why Banks In Maharashtra Are Wary Of Using Own Capital For Loan Waiver
Learning a lesson from the farm loan waiver scheme in 2008, wherein the banks had to wait for three years before they were given back their capital used for the debt write-off, the public sector and private lenders are treading cautiously this time.
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How To Transfer Your SBI Bank Account To Another Branch
The public sector lender has introduced a new feature in its online banking facility, using which its bank account holders can transfer their account from one branch to another branch sitting at home.
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Four Government-Run Banks Slash Lending Rates
Four public sector lenders, including Indian Bank and Vijaya Bank, today cut their benchmark lending rates by up to 0.45 per cent.
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SBI Savings Bank Account: ATM Withdrawal, New Debit Card And Other Charges
If you transfer funds from app SBI Buddy to your savings bank account, you have to pay a charge of 3 per cent plus taxes, the public sector lender said in a release.
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If Vijay Mallya Can, Why Can't I: 'Safai' Worker Seeks Loan Waiver
Amid the controversy over public sector lender SBI reportedly writing off loans worth Rs 7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a sanitation worker in Nashik has written to the SBI, seeking a 'similar' waiver of his Rs 1.5 lakh loan.
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Rs 1, 465 Crore Paid To Ex-Servicemen As First Instalment Under OROP
Top public sector lender, the State Bank of India, today released arrears worth Rs 1,465 crore to 7.75 lakh defence pensioners under One Rank One Pension (OROP) scheme, as per the government rules.
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Debt-Ridden Air India to Sell 4 Flats in Mumbai for Rs 90 Crore Soon
Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
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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.
-
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.
-
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.
-
RBI Chief Questioned By MPs On Supervision Fail In Nirav Modi Scandal
Facing tough questions from parliamentarians on the Nirav Modi scam and bad loans hitting state-run lenders, RBI Governor Urjit Patel said today that the regulator had limited powers to act against public sector banks like Punjab National Bank (PNB).
-
After PNB Fraud, Public Sector Banks Start Rationalising Overseas Operations
The state-owned lenders have started rationalising the overseas operations by consolidating 35 operations and closing down non-viable branches
-
ICAI Issues Show Cause Notices To PNB, Gitanjali Gems Auditors
Chartered accountants' apex body ICAI said it has issued show-cause notices to the auditors of Punjab National Bank and Gitanjali Gems in connection with the Rs 11,300 crore fraud at the public sector lender
-
Banks May Increase Deposit Rates In Near Term, Says Icra
The rating agency said the recent capital infusion into state-run lenders will improve the ability of public sector banks to pursue credit growth.
-
PSU Banks Face 1,463 NPA Accounts Of Rs 100 Crore Each
In State Bank of India (SBI) alone, 265 accounts had bad loans of more than Rs 100 crore each, totalling Rs 77,538 crore, at the end of the September quarter.
-
Why Banks In Maharashtra Are Wary Of Using Own Capital For Loan Waiver
Learning a lesson from the farm loan waiver scheme in 2008, wherein the banks had to wait for three years before they were given back their capital used for the debt write-off, the public sector and private lenders are treading cautiously this time.
-
How To Transfer Your SBI Bank Account To Another Branch
The public sector lender has introduced a new feature in its online banking facility, using which its bank account holders can transfer their account from one branch to another branch sitting at home.
-
Four Government-Run Banks Slash Lending Rates
Four public sector lenders, including Indian Bank and Vijaya Bank, today cut their benchmark lending rates by up to 0.45 per cent.
-
SBI Savings Bank Account: ATM Withdrawal, New Debit Card And Other Charges
If you transfer funds from app SBI Buddy to your savings bank account, you have to pay a charge of 3 per cent plus taxes, the public sector lender said in a release.
-
If Vijay Mallya Can, Why Can't I: 'Safai' Worker Seeks Loan Waiver
Amid the controversy over public sector lender SBI reportedly writing off loans worth Rs 7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a sanitation worker in Nashik has written to the SBI, seeking a 'similar' waiver of his Rs 1.5 lakh loan.
-
Rs 1, 465 Crore Paid To Ex-Servicemen As First Instalment Under OROP
Top public sector lender, the State Bank of India, today released arrears worth Rs 1,465 crore to 7.75 lakh defence pensioners under One Rank One Pension (OROP) scheme, as per the government rules.
-
Debt-Ridden Air India to Sell 4 Flats in Mumbai for Rs 90 Crore Soon
Debt-laden Air India will soon sell four residential flats in Mumbai to public sector lender SBI for about Rs 90 crore as the airline looks to raise funds by sale of certain assets.
