Gold Silver Reports (GSR) – Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI. Mahapatra and Chundru will have tenure till the date of their superannuation, i.e. May 31, 2020 and August 31, 2021, respectively, the order issued by the personnel ministry said.
PSU Banks
Government Rejigs Top Managements Of Three PSU Banks
Gold Silver Reports (GSR) – Government Rejigs Top Managements Of Three PSU Banks – Based on recommendations of Banks Board Bureau, the government rejigged top managements of three state-run lenders. banking secretary tweeted.
As part of Banking Reforms and on recommendation of BBB, Govt. appoints Dr Charan Singh ,Anjali Bansal ,Tapan Ray as Non Exec Chairperson of Punjab&Sind Bank, Dena Bank & Central Bank of India. @FinMinIndia @PIB_INDIA pic.twitter.com/mAAH4BU57V
— Rajeev kumar (@rajeevkumr) May 24, 2018
PSU Banks Rally After RBI Allows Banks To Spread Bond-Trading Losses
Gold Silver Reports (GSR) – PSU Banks Rally After RBI Allows Banks To Spread Bond-Trading Losses — Shares of the government-owned banks were trading higher after the Reserve Bank of India allowed banks to spread their bond-trading losses incurred in the December 2017 and March 2018 quarters equally over as long as four quarters.
PSU Banks Witness Selling Pressure, Bank Of Baroda Falls Most In A Year
Gold Silver Reports (GSR) – PSU Banks Witness Selling Pressure, Bank Of Baroda Falls Most In A Year — Shares of the government-owned lenders came under sharp selling pressure. Gauge of the PSU banks — Nifty PSU Bank index slumped 2.7 percent led by losses in Bank of Baroda, Oriental Bank …
PSU Banks Rally On Bank of India’s NPA Recovery
Gold Silver Reports — PSU Banks Rally On Bank of India’s NPA Recovery — PSU Banks rallied in today’s trade, led by Bank of India after the lender recovered around Rs 7,000 crore in last two months, PTI reported, quoting bank’s executive director. – Neal Bhai Reports (NBR) INDIA
PSU Banks Extend Decline To Second Day
Gold Silver Reports (GSR) – PSU Banks Extend Decline To Second Day — Shares of the government-owned banks extended decline to second day in a row. Gauge of PSU banks on the National Stock Exchange — the Nifty PSU Bank index fell over 2 percent dragged down by Andhra Bank’s 12 …