Page-5 of Public Sector Banks

Governance Issues in Public Sector Banks and PJ Nayak Committee Report

The banking sector in India is dominated by public-sector banks (PSBs) with government being the majority stake holder in them. In recent years, the Public Sector banks have been suffering with multiple problems of non-performing assets (NPAs), large over-dues; competition, ..

Difference between Current Account and Saving Accounts

The basic objective of a Savings Bank Account is to enable the customer save his / her liquid assets and also earn money on that saving. The Savings banks Accounts are preferred by individuals and provide liquidity for private and ..

Scheduled Commercial Banks in India

The scheduled commercial banks are those banks which are included in the second schedule of RBI Act 1934 and which carry out the normal business of banking such as accepting deposits, giving out loans and other banking services. The major ..

Government splits Chairman & MD post in PSU banks and names chiefs for 4 PSU banks

Government has decided to separate the post of Chairman and Managing Director (MD) and Chief Executive Officer (CEO) in public sector banks. With this decision government is breaking the tradition of having the heads of state-run banks act as both ..