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Govt approves infusion of Rs 4,360 cr in IOB; UCO Bank gets Rs 2,142 cr
In August, the finance ministry had announced a capital infusion of Rs 3,800 crore in the state-owned lender. This has now been increased by Rs 560 crore
Nobel laureate Muhammad Yunus not in favour of PSBs' privatisation in India
Fraud in anything is bad, frauds in banks is more sensitive thing, so we have to find a way to stop it, said Yunus
Ministers' panel to oversee consolidation of PSU banks: Arun Jaitley
The Cabinet gave in-principle nod to the constitution of Alternative Mechanism