• About Us
  • Contact Us
Thursday, June 8, 2023
  • Login
  • Register
B2B Infomedia
No Result
View All Result
  • Home
  • Fintech
    Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users

    Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users

    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Manappuram Finance launches digital money lending app

    Manappuram Finance launches digital money lending app

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    UPI to account for 90% of retail digital payments by 2026-27: PwC India report

    Credit card numbers continue to slip after RBI’s deactivation order

    Google Pay launches RuPay credit cards support on UPI in India

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

  • BFSI
    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

    EPFO may hire separate consultants for equity and debt portfolios

    EPFO may hire separate consultants for equity and debt portfolios

    RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations

    Banks reluctant to park funds with RBI despite high liquidity

    Leading NBFCs offer up to 8.84% to attract retail savings

    Rural India throws NBFCs a lifeline in season of lost momentum

    Yes Bank advertising spend to be 30 pc higher in FY24: Official

    Yes Bank aims to expand margins by 100 bps in next 3 years – MD

    New national coop policy’s revised draft to be prepared with Shah’s inputs

    New national coop policy’s revised draft to be prepared with Shah’s inputs

  • Education
    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    30 regional rural banks get education loan cover

    IIM-Sambalpur to launch Delhi campus on Saturday, offer courses for working professionals, entrepreneurs

    IIM-Sambalpur to launch Delhi campus on Saturday, offer courses for working professionals, entrepreneurs

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

    Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

    Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

    Education and the future of generative AI

    Education and the future of generative AI

    IIT Madras introduces online MTech course for working professionals

    IITs focus more on mental health as suicides rise

  • Enterprise
    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

    Leading NBFCs offer up to 8.84% to attract retail savings

    Rural India throws NBFCs a lifeline in season of lost momentum

    Yes Bank advertising spend to be 30 pc higher in FY24: Official

    Yes Bank aims to expand margins by 100 bps in next 3 years – MD

    First time in many years, fixed deposit rates turn positive at 8%

    Bank loan rates drop in April, a first in 11 months

    SBI sees 14%-15% corporate credit growth in FY23

    Transfer of Sahara Life business unlikely to impact SBI Life’s balance sheet

    Indian Overseas Bank elevates Ajay Kumar Srivastava as its MD & CEO

    IOB-led lenders group puts Sion Panvel Tollways’ ₹862-cr bad loan on sale

  • Technology
    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

    5 more banks to join digital rupee pilot in 9 more cities soon

    India’s e-rupee unpopular as central banks push digital currency

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    Snapchat to gain a ChatGPT-powered AI chatbot soon

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    ChatGPT as lawyer helps design agency recover $109,500 from client who ghosted

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

  • Events
    • Upcoming Events
    • Past Events
  • Home
  • Fintech
    Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users

    Gupshup.io enables UPI payments on feature phones; Accelerates financial inclusion for 320 mn feature phones users

    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Manappuram Finance launches digital money lending app

    Manappuram Finance launches digital money lending app

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    UPI to account for 90% of retail digital payments by 2026-27: PwC India report

    Credit card numbers continue to slip after RBI’s deactivation order

    Google Pay launches RuPay credit cards support on UPI in India

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

  • BFSI
    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

    EPFO may hire separate consultants for equity and debt portfolios

    EPFO may hire separate consultants for equity and debt portfolios

    RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations

    Banks reluctant to park funds with RBI despite high liquidity

    Leading NBFCs offer up to 8.84% to attract retail savings

    Rural India throws NBFCs a lifeline in season of lost momentum

    Yes Bank advertising spend to be 30 pc higher in FY24: Official

    Yes Bank aims to expand margins by 100 bps in next 3 years – MD

    New national coop policy’s revised draft to be prepared with Shah’s inputs

    New national coop policy’s revised draft to be prepared with Shah’s inputs

  • Education
    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    30 regional rural banks get education loan cover

    IIM-Sambalpur to launch Delhi campus on Saturday, offer courses for working professionals, entrepreneurs

    IIM-Sambalpur to launch Delhi campus on Saturday, offer courses for working professionals, entrepreneurs

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

    Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

    Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

    Education and the future of generative AI

    Education and the future of generative AI

    IIT Madras introduces online MTech course for working professionals

    IITs focus more on mental health as suicides rise

  • Enterprise
    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

    Leading NBFCs offer up to 8.84% to attract retail savings

    Rural India throws NBFCs a lifeline in season of lost momentum

    Yes Bank advertising spend to be 30 pc higher in FY24: Official

    Yes Bank aims to expand margins by 100 bps in next 3 years – MD

    First time in many years, fixed deposit rates turn positive at 8%

    Bank loan rates drop in April, a first in 11 months

    SBI sees 14%-15% corporate credit growth in FY23

    Transfer of Sahara Life business unlikely to impact SBI Life’s balance sheet

    Indian Overseas Bank elevates Ajay Kumar Srivastava as its MD & CEO

    IOB-led lenders group puts Sion Panvel Tollways’ ₹862-cr bad loan on sale

  • Technology
    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

    5 more banks to join digital rupee pilot in 9 more cities soon

    India’s e-rupee unpopular as central banks push digital currency

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    Snapchat to gain a ChatGPT-powered AI chatbot soon

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    ChatGPT as lawyer helps design agency recover $109,500 from client who ghosted

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

    Uttar Pradesh signs MoU with Tata Technologies to upgrade 150 state-run ITIs to prepare youth for industry 4.0

  • Events
    • Upcoming Events
    • Past Events
No Result
View All Result
B2B Infomedia
No Result
View All Result
Home BFSI

Decision on privatisation of PSBs after consultation: Govt

Consideration of issues related to disinvestment and decision on selection, terms and conditions, etc. in case of strategic sale is entrusted to the Cabinet committee designated for this purpose under the Government of India (Transaction of Business) Rules, 1961, minister of state for finance Bhagwat Karad said in a written reply to Lok Sabha.

Prashant Dwivedi by Prashant Dwivedi
December 20, 2022
in BFSI, Enterprise
A A
0
Banks to tap intelligence agencies before loans to ex-defaulters
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The government on Monday said it will take a view on privatisation of public sector banks (PSBs) after consultation with the department and the regulator concerned.

Consideration of issues related to disinvestment and decision on selection, terms and conditions, etc. in case of strategic sale is entrusted to the Cabinet committee designated for this purpose under the Government of India (Transaction of Business) Rules, 1961, minister of state for finance Bhagwat Karad said in a written reply to Lok Sabha.

“Before such consideration for decision thereon, consultation is undertaken with the ministries and departments concerned and, where necessary, with the regulator concerned,” he said.

In the Union Budget for FY22, he said, government’s intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises (PSEs) was announced.

In reply to another question, Karad said, the gross NPAs of PSBs have declined to ₹5.40 lakh crore (Gross NPA ratio of 7.28%) as on March 31, 2022 compared with ₹8.95 lakh crore in 2018. In the last five financial years, he said, the PSBs have made an aggregate recovery of ₹4,80,111 crore from NPA accounts and upgradation of NPAs of ₹1,45,356 crore. This is consequent to government’s strategy of recognition, resolution, recapitalisation and reforms, he said.

0Like
0Dislike
50% LikesVS
50% Dislikes
Source: Economic Times
Tags: banksprivatisationpsbs
Previous Post

India plans tax waivers for IDBI Bank buyer

Next Post

HDFC hikes home loan rates

Prashant Dwivedi

Prashant Dwivedi

Related Posts

RBI’s gold reserve up over 40% in five years
Enterprise

RBI’s gold reserve up over 40% in five years

June 8, 2023
EPFO may hire separate consultants for equity and debt portfolios
BFSI

EPFO may hire separate consultants for equity and debt portfolios

June 8, 2023
RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations
BFSI

Banks reluctant to park funds with RBI despite high liquidity

June 8, 2023
Next Post
Paperless home loans may become a reality soon

HDFC hikes home loan rates

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

14th NBFC & FINTECH CONCLAVE & AWARDS 2023
Subscribe to our Newsletter
johnsmith@example.com

Recent News

RBI’s gold reserve up over 40% in five years

RBI’s gold reserve up over 40% in five years

June 8, 2023
EPFO may hire separate consultants for equity and debt portfolios

EPFO may hire separate consultants for equity and debt portfolios

June 8, 2023
RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations

Banks reluctant to park funds with RBI despite high liquidity

June 8, 2023
Leading NBFCs offer up to 8.84% to attract retail savings

Rural India throws NBFCs a lifeline in season of lost momentum

June 8, 2023
B2B Infomedia

Be To Be Infomedia Pvt. Ltd. represents the inovative platfrom to the clients and widely recognised as one of the ponier networking platfrom with the team of young, creative, dynamic & dedicated professionals.

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Refund Policy
  • Terms and Conditions

All News

  • BFSI
  • Edtech
  • Education
  • Enterprise
  • Financial Inclusion
  • Fintech
  • Pharma
  • Startup
  • Technology
Subscribe to our Newsletter
johnsmith@example.com
  • About Us
  • Contact Us

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

No Result
View All Result
  • Home
  • About Us
  • Upcoming Events
  • Fintech
  • BFSI
  • Education
  • Technology
  • Startup
  • Enterprise
  • Pharma
  • Contact Us
  • Login
  • Sign Up

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In