Decline in bank deposits is also because of non-uniform tax treatment on various investment options.: SBI report

Aug 19, 2024

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms....

Banking sector reforms are paying its dividend to Indian Economy: Nirmala Sitharaman

Oct 04, 2024

Sitharaman said, "The soundness and resilience of India's banking sector have been underpinned by a sustained policy focus on asset quality improvements, enhanced provisioning...

Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on Centre's agenda: SBI Research

Jul 08, 2024

The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code;...

Two-day nationwide bank strike from today to protest against privatisation

Mar 15, 2021

Mumbai (Maharashtra) [India], March 15 : The United Forum of Bank Union (UFBU), has called a two-day nationwide strike on March 15 and 16...

Banking services to be hit as over 10 lakh employees to go on strike on March 15, 16

Mar 14, 2021

New Delhi [India], March 14 : The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a...

Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak

Jun 02, 2020

New Delhi [India], June 2 : Industry leaders said on Tuesday that the banking and financial sectors need structural reforms to propel economic growth...