Government Banks

In a Q&A, the country managing director of the world's largest ATM maker, says he sees a lot of banks come to firms such as his to run their ATM network for them in the future

From a peak of 886,490 in 2012-13, staff strength in state-owned banks fell to 770,800 in 2020-21

A day ahead of the start of the Parliament's Monsoon session, the United Forum of Bank Unions (UFBU) has given a call for a campaign on Twitter against privatisation of government banks

The state-owned lender cut overnight and one-month MCLR by 25 bps to 6.90 per cent and 7 per cent

After rationalisation, nine Bank of Baroda branches will cater to large corporates while 27 will be for mid-sized corporates

The government official said that such a plan would be laid out in a new privatisation proposal the government is currently formulating, and this would be put before the cabinet for approval

At the start of the decade, the government was busy infusing stimulus packages to revive various sectors affected by the global credit crisis

Quite a few of the government banks may be, or may soon become, bankrupt