wage revision
Govt asks public sector banks to finalise next wage revision before 1 November
In a communication to CEOs and MDs of the state-owned banks, the finance ministry advised them to initiate the steps for smooth conclusion of next wa…
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wage revision
Coming soon: Far more attractive compensation package for public sector bank employees
Attractive pay packages: PSU bank Employees to get higher bonus, ESOPs, says Bank Board Bureau Chief New Delhi, January 5 (IANS): Public sector banks…
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state bank
SBI tops ATM expansion in non-metros: Assocham
Mumbai, September 19: Country's largest lender State Bank of India ( SBI ) is more aggressive in expanding its ATM (automated teller machine) …
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state bank of india
ICICI, HDFC Bank follow SBI; revise FD rates by up to 0.5 pc
Mumbai, September 12: Private sector banks like ICICI Bank and HDFC Bank on Wednesday reduced interest rates on fixed deposits by atleast 50 basis…
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Union Bank of India
LIC's 11% SBI stake makes RBI see red
The banking regulator is unhappy with the Life Insurance Corporation (LIC) of India holding more than 10 per cent stake in State Bank of India, the …
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sbi
No pressure from government to cut rates: Pratip Chaudhuri
Mumbai, September 7: In an interview with ET Now, Pratip Chaudhuri, chairman, SBI, talks about the rationale behind their decision to cut rates as w…
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state bank of india
Retirements will create 1.8 lakh vacancies in public sector banks
The banking industry will need to hire 9-11 lakh employees over the next five years, according to a report by Boston Consulting Group . Th…
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result
RBI asks banks to post bulk deposit rates on website
Mumbai, August 30: The Reserve Bank of India (RBI) has asked banks to put up bulk deposit rate on their websites, to stop banks from offering exorbi…
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Syndicate Bank
Public Sector Banks, including SBI set out on a talent drive
"Public sector banks in the country face a tremendous challenge with respect to talent and leadership skill availability. Estimates put the …
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state bank
Clerical cadre prone to higher attrition
Mangalore/Coimbatore, August 26: Banks put out impressive recruitment figures in their annual reports. But have you ever thought about the attrition…
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UFBU
About 10 lakh bank employees to go on strike on 22-23 August
New Delhi, August 21: Around 10 lakh bank employees and officers working in 27 public sector banks including State Bank of India (SBI) and 12 old …
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state bank of india
Soon, a bank-wide portal that will allow you to shop for best service
Customer is king Online travel portals seed the idea of a similar portal for banks Customers could compare interest rates on deposits/loans across b…
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public sector banks
Number of ATMs to double; will also accept deposits
NEW DELHI: The government today said banks have been asked to upgrade their ATMs to double-up as cash collecting machines as well to mobilise Rs 11 …
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student loan
Make it easy for students to get education loans, bankers told
New Delhi, Aug 18: Finance Minister P. Chidambaram has come to the rescue of students facing difficulty in getting education loans. Henceforth, a b…
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sbi
NPAs and bad loans have returned to haunt banks
Mumbai, August 11: India‘s biggest bank, SBI, announced quarterly results earlier this week and the share price tanked. While the bank announced a bi…
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public sector banks
Government asks state-owned banks to ensure one account per family
In a communication to the public sector banks, the Department of Financial Services in Finance Ministry has asked them to use the latest voter list a…
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UFBU
Bank staff threaten two-day strike
The All India Bank Employees’ Association (AIBEA), which represents the employees of the public-sector banks, has threatened to go on a two-day strik…
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West Bengal
ATMs may come loaded with more features
Third party service providers, which have won contracts to set up 62,000 ATMs on behalf of PSBs, are looking to incorporate special features such as …
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state bank of india
State Bank to hire 7,740 clerks for Associate Banks
Hyderabad, July 25: State Bank will be recruiting 7,740 clerks to work in its associate banks. According to a notification hosted on SBI's por…
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