Government Banks

Interchange of Rs 17 at ATMs is not viable: Navroze Dastur of NCR Corp

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

Amid falling staff strength, PSBs may soon start hiring on a monthly basis

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

Bank unions to begin Twitter campaign against privatisation on Sunday

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

Bank of Maharashtra bucks the trend, cuts MCLR by 20-35 basis points

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

BoB rejigs corporate banking biz, to open 27 branches for mid-corp entities

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

Govt likely to reduce number of PSU banks to just five, says report

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

Decade in review: How state-owned banks rose to the occasion amid crisis

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

T N Ninan: Staring into the hole

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