Current Affairs

GK MCQs Section

PSBs

Budget 2020: Financial Sector

The Budget 2020-21 has been framed on the basis that Governance and Finances are the two major hands...

📅 February 2, 2020

Public sector banks to come out of PCA framework by end of 2018: Government

Union Government is expecting that public sector banks (PSBs) placed under RBI’s Prompt Corrective Action (PCA) framework will...

📅 August 18, 2018

Government to infuse Rs 11,336 crore capital in 5 public sector banks by September-end

Union Finance Ministry is planning to infuse additional capital close to Rs 11,336 crore in 5 more public...

📅 July 19, 2018

Banks Board Bureau recommends elevation of 15 executive directors as MD PSU bank

The Banks Board Bureau (BBB) has recommended 15 executive directors to be elevated as managing directors (MD) at...

📅 July 1, 2018

Banks Board Bureau recommends 22 GMs for elevation as executive directors at PSU banks

Banks Board Bureau (BBB) has recommended 22 general managers to be elevated as executive directors at the various...

📅 June 18, 2018

PSBs begin to rationalise 35 overseas operations

The state-owned banks have started rationalising overseas operations by consolidating 35 operations and closing down non-viable branches as...

📅 March 3, 2018

Government constitutes Alternative Mechanism Panel for PSBs consolidation

The Union Government has constituted Alternative Mechanism Panel headed by Union Finance Minister Arun Jaitley to oversee merger...

📅 October 31, 2017

Government announces Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore capital in PSBs

The Union Government has announced Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore ( $32.4 billion) capital...

📅 October 25, 2017

Cabinet approves alternative mechanism Framework for consolidation of Public Sector Banks

The Union Cabinet has approved Framework for Consolidation of Public Sector Banks (PSBs) through an Alternative Mechanism (AM)....

📅 August 23, 2017

Align pay in PSBs to that in CPSEs: BBB

The Bank Board Bureau (BBB) has recommended that Government should bring in reforms in the compensation process in...

📅 April 11, 2017

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PSBs

Budget 2020: Financial Sector

Public sector banks to come out of PCA framework by end of 2018: Government

Government to infuse Rs 11,336 crore capital in 5 public sector banks by September-end

Banks Board Bureau recommends elevation of 15 executive directors as MD PSU bank

Banks Board Bureau recommends 22 GMs for elevation as executive directors at PSU banks

PSBs begin to rationalise 35 overseas operations

Government constitutes Alternative Mechanism Panel for PSBs consolidation

Government announces Bank Recapitalisation Plan to infuse Rs. 2.11 lakh crore capital in PSBs

Cabinet approves alternative mechanism Framework for consolidation of Public Sector Banks

Align pay in PSBs to that in CPSEs: BBB

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