PSBs Merger

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

Updated On: 27 Dec 2019 | 3:49 PM IST

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

Updated On: 09 Apr 2018 | 12:12 AM IST

Ministers' panel to oversee consolidation of PSU banks: Arun Jaitley

The Cabinet gave in-principle nod to the constitution of Alternative Mechanism

Updated On: 23 Aug 2017 | 6:14 PM IST