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Bank strike: Nation-wide strike impacts banking services at PSU banks

Unions claimed that about 10 lakh staff and officers of public sector banks and some private sector banks are participating in strike. Services of public sector banks were impacted on Saturday as nation-wide strike by employee unions entered its second day. The strike call has been given by...

February 1, 2020 Loknath Das Banking No Comment

Leg-up for PSU banks: Modi government may infuse Rs 54,000 crore in February

It already provided Rs 51,533 crore to a clutch of state-run banks by end-December. The government has indicated to state-run banks that it will finalise the infusion of over `54,000 crore into public sector banks (PSBs) once their results for the December quarter are out in February, banking...