Market Rally Ends, PSU Banks Defy Trend
Indian equities halted their six-session winning streak on November 18. Discover why PSU Bank stocks emerged as the sole gainers and what experts forecast for the sector's near-term trajectory.
Category : Search result: Public Sector bank audit
PSU Bank Stocks Surge 4% Amid Merger Strategy Reports
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
World Bank, IMF Find Regulatory Gaps in India Finance
World Bank-IMF report reveals critical regulatory gaps in India's financial sector, highlighting limited RBI powers and differential treatment of public vs private institutions.
India's banking expansion: Size isn't everything
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Maharashtra approves ₹827 crore for 3 cooperative banks
Maharashtra government approves ₹827 crore capital infusion for Nashik, Nagpur & Dharashiv cooperative banks to strengthen rural credit flow. Opposition criticizes timing during election code.
Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed
Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.
Complete Guide: Link Aadhaar with Bank Account - Step by Step
Learn how to seamlessly link your Aadhaar with bank accounts using multiple methods - online, SMS, ATM, or offline. Our comprehensive guide covers everything you need to know about this mandatory process.
CAG Launches Comprehensive Indian Railways Mega Audit
India's Comptroller and Auditor General initiates comprehensive multi-sector audit of Indian Railways to evaluate logistics efficiency, digital procurement systems, and environmental sustainability goals.
CAG Audits Railways' Multi-Modal Cargo Boost Plan
India's Comptroller and Auditor General launches comprehensive audit of Railways' ambitious multi-modal cargo plan aimed at transforming freight transportation and boosting economic growth.
India Retains Bank Shareholder Voting Rights Cap at 26%
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Bank Unions Oppose FM's Privatisation Remarks
Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.
Bank Holiday Alert: Bihar Closed for Voting Today
Planning bank visits today? Check our comprehensive state-wise guide on bank closures due to Phase 1 voting in Bihar and other regional holidays across India on November 6.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
Bank of Baroda Q2 Profit Jumps 28%, Asset Quality Improves
Bank of Baroda delivers stellar Q2 performance with 28% profit jump, improved asset quality, and strong loan growth. Discover how BOB outperformed private sector peers in key metrics.
Bank Unions Oppose Public Sector Bank Mergers
Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.
PSU Bank Stocks Rally Up to 3% on Merger Buzz
Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.
November 2025 Bank Holidays: Full India List
Get the full city-wise list of bank holidays in November 2025 across India. Plan your financial transactions and avoid last-minute surprises with our comprehensive guide.
4-Day Bank Holiday Alert: Nov 3-9 Closures Across India
Essential guide to bank holidays next week: Complete state-wise list of banking closures for Guru Nanak Jayanti, Bihar elections, and weekend holidays. Plan your financial transactions accordingly.
Ranchi HIV Scandal: Blood Bank Audit Reports Submitted
Following shocking HIV cases linked to blood transfusions, Ranchi civil surgeons have submitted urgent audit reports of all blood banks. Health department takes emergency action.
CAG Forms Panel to Review Government Schemes Implementation
India's Comptroller and Auditor General establishes expert committee to address implementation gaps in centrally sponsored schemes, aiming for better governance and accountability.
Bank Holiday Nov 1: Are Banks Open This Saturday?
Planning bank visits this Saturday? Check our comprehensive guide on November 1 bank holiday status across different states in India before you head out.
Global Investors Flock to Indian Banking Sector
Discover why global investors are pouring billions into Indian banks as economic growth, digital transformation, and regulatory stability create unprecedented opportunities in the banking sector.
Ranchi Blood Banks: Saturday Audit Deadline
Jharkhand health department cracks down on Ranchi blood banks with Saturday deadline for comprehensive audit reports amid safety concerns.
November 2025 Bank Holidays: Complete State-wise List
Plan your banking activities in November 2025 with our comprehensive guide to bank holidays across different Indian states. Check dates for festivals, regional holidays, and national observances.
November 2025 Bank Holidays: State-wise Guide
Plan your financial transactions wisely with our comprehensive guide to bank holidays across Indian states in November 2025. Know when banks will remain closed for festivals and important occasions.
Karnataka Orders Safety Audit of All RTC Buses
In a major safety initiative, Karnataka Transport Minister orders urgent safety audit of all RTC buses across the state to ensure passenger safety and prevent accidents.
Bokaro DC orders blood bank audit after malpractice reports
Bokaro District Commissioner orders comprehensive audit of all blood banks following serious allegations of unethical practices and regulatory violations in transfusion services.
Tax Audit Deadline Extended to December 10
CBDT extends tax audit filing deadline to December 10, 2024. Get crucial details about Form 3CE/3CB, who qualifies, and how this extension benefits businesses and tax professionals across India.
Union Bank & Indian Bank Get RBI Nod for Overseas Merger
In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.
Foreign Investors Bet Big on Indian Private Banks
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
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