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Tag "public sector bank"

Banks disburse Rs 68,311 cr under ECLGS to MSMEs

Banks disburse Rs 68,311 cr under ECLGS to MSMEs

🕔07:25, 17.Jul 2020

New Delhi, July 17  Banks have so far disbursed over Rs 68,000 crore so far under the Emergency Credit Line Guarantee Scheme to MSMEs and other eligible businesses. As of Wednesday, July 15, both public and private sector banks have

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BoB launches loan scheme for retail customers

BoB launches loan scheme for retail customers

🕔12:34, 8.Apr 2020

New Delhi, April 8  In the wake of COVID-19 pandemic, public sector lender Bank of Baroda has launched “Baroda Personal Loan COVID 19” for its existing retail loan customers (home loan, auto loan & loan against property). It will help

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PSBs post Rs 3,221 cr profits in H1: Mos Finance

PSBs post Rs 3,221 cr profits in H1: Mos Finance

🕔11:34, 10.Dec 2019

New Delhi, Dec 10  Public sector Banks (PSBs) have returned to profitability in 2019-20, posting an aggregate profit of Rs 3,221 crore in the first half ending September, Minister of State for Finance Anurag Singh Thakur said in the Parliament.

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SBI, OBC plan Diwali gifts after improved performance

SBI, OBC plan Diwali gifts after improved performance

🕔15:14, 23.Oct 2019

Chennai, Oct 23 Public sector banks (PSBs) here like the State Bank of India (SBI) and the Oriental Bank of Commerce (OBC) are planning to give festival gifts to their employees. The two banks have announced a Diwali gift of sweets/dry

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Government to infuse Rs 55,250 crore in PSBs

Government to infuse Rs 55,250 crore in PSBs

🕔12:42, 31.Aug 2019

New Delhi, Aug 31  The government on Friday announced Rs 55,250 crore upfront capital infusion in PSU banks for credit growth and regulatory compliance to support the merging lenders. The declaration came after the government announced the mega-merger of 10

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Bank of Baroda Q3 net down to Rs 111.78 cr

Bank of Baroda Q3 net down to Rs 111.78 cr

🕔09:54, 10.Feb 2018

Mumbai, Feb 10  Public sector Bank of Baroda on Friday said it closed the third quarter of the current fiscal with a net profit of Rs.111.78 crore, down from Rs 252.67 crore posted for the same quarter of the previous fiscal.

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Government to infuse Rs 1 lakh crore into PSBs this fiscal: Jaitley

Government to infuse Rs 1 lakh crore into PSBs this fiscal: Jaitley

🕔19:15, 24.Jan 2018

New Delhi, Jan 24  Seeking to perk up public sector banks that have been hit by huge non-performing assets (NPAs), the government on Wednesday announced plans to infuse over Rs. one lakh crore including Rs 80,000 crore through recap bonds

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Bank of India receives Rs 2,257 cr from government

Bank of India receives Rs 2,257 cr from government

🕔13:28, 31.Dec 2017

Mumbai, Dec 31  Public sector lender Bank of India on Saturday said it has received a capital infusion Rs 2,257 crore from the government. “The bank has on December 29 received an infusion of Rs 2,257 crore from Government of

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Rs 52,000 cr infused in Public Sector Banks since 2015-16 : Centre

Rs 52,000 cr infused in Public Sector Banks since 2015-16 : Centre

🕔22:50, 20.Dec 2017

New Delhi, Dec 20 (IANS) The government on Wednesday informed the Lok Sabha that it had so far infused a capital of Rs 51,858 crore in Public Sector Banks (PSBs) under its ‘Indradhanush Plan’ since 2015-16. “The government allocated Rs 22,915

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Bank of Baroda posts record Rs.3,342.04 crore loss in Q3

Bank of Baroda posts record Rs.3,342.04 crore loss in Q3

🕔10:11, 15.Feb 2016

Mumbai, Feb 15  Public sector lender Bank of Baroda on Saturday said it posted a net loss of Rs.3,342.04 crore for the quarter ending December 31, 2015 against a net profit of Rs.333.98 crore posted in the same period of the

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Finance ministry calls meeting of bank heads on April 28

Finance ministry calls meeting of bank heads on April 28

🕔12:50, 20.Apr 2015

New Delhi, April 20  The finance ministry has called a meeting of public sector bank chiefs on April 28 for planning implementation of large projects, a release said here on Sunday. The meeting has been called in view of the

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