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[ad_1] The finance ministry has directed all public sector banks to fill vacant posts reserved for Scheduled Castes (SCs) by December 31 and address all grievances of SC consumers and employees through a special drive by October 31. The decision came at a meeting convened by finance minister Nirmala Sitharaman with
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[ad_1] All public sector banks will begin a special drive from October 2 for filling up of backlog vacancies reserved for scheduled castes, National Commission for Scheduled Castes (NCSC) Chairman Vijay Sampla said on Thursday. The decision comes after a review meeting, jointly chaired by the NCSC chairman and Finance
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[ad_1] The Reserve Bank on Wednesday notified that the share of industrial loans in total credit has been gradually declining over the last decade while that of personal loans is on the rise As per the 'Basic Statistical Return on Credit by Scheduled Commercial Banks (SCBs) in India - March 2022'
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[ad_1] Zee Business Top Picks 27th Sep'22: Alert: FAKE messages attribute to Anil Singhvi, Zee Business to seek investment in SME IPO of Maagh Advertising - Market Guru's appeal to viewers.
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[ad_1] Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks and financial institutions later this month to review progress of various government schemes aimed at welfare and upliftment of scheduled castes. Schemes like Stand-Up India, Pradhan Mantri Mudra Yojana (PMMY), and Credit Enhancement Guarantee Scheme for
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[ad_1] Money due from all fraudulent accounts will be pursued and no account will be left without going to court, finance minister Nirmala Sitharaman said in her address to bankers at the annual general meeting of the Indian Banks' Association (IBA). The minister also asked banks to not hire people for
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[ad_1] Financial Stability and Development Council (FSDC) on Thursday underscored a need to assess financial sector risks and the financial market conditions regularly by the government and the regulators so that any vulnerability can be mitigated and addressed without delay. This assumes importance in strengthening financial stability amid global economic headwinds
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[ad_1] Union Finance Minister Nirmala Sitharaman on Wednesday said that she has asked the bankers to open more branches in the districts where there is no adequate number of bank branches in Nagaland. After a three-day visit to Nagaland, the Union Finance Minister said, “From the Finance Ministry sides we
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[ad_1] India's state-run banks have gained greater market confidence in recent years and a big-bang approach to privatise these lenders may do more harm than good, the Reserve Bank of India said today. The central bank also said that if the sole motive is not only profit maximisation, then state-run banks
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