Sentences with phrase «public sector banks»

It is the same case with Public sector banks too.

The Indian public sector banking system is also in urgent need of reforms to governance, management appointment processes, and decision making.

The minimum deposit amount is very less when compared to the other public sector banks and private ones.

Most public sector banks are likely to offer better interest rates and deals compared with their counterparts in the private sector.

But, yesterday I saw an advertisement of a famous public sector bank, which claimed to make any individual a millionaire in just 10 years.

They have a strong foundation laid by the State Bank of India (SBI), the largest public sector bank in India.

This news comes on the back of finance minister Arun Jaitley announcing that the government would infuse an estimated Rs. 25,000 crores of capital in public sector banks during the 2016 - 2017 fiscal.

A number of public sector banks such as Punjab National Bank, Union Bank of India, Bank of India and some others have exclusive arrangement with insurance companies to sell their products and have entered contractual obligations to do so.

Star Union Dai - ichi Life Insurance Co. Ltd. (SUD Life) is a joint venture (JV) of India's two leading public sector banks - Bank of India, Union Bank of India and Dai - ichi Life, the 2nd largest life insurance company of Japan.

With public sector banks like SBI and Bank of Baroda announcing reduction in loan rates, this is a good time to check where you...

Unlike, the general opinion prevails in public, their interests are fair, and the employees are always friendly and helpful unlike the other banks, especially the staffs from public sector banks.

After 15 years renewal can be done in a block of 5 years during which investments are optional.PPF account can be opened at all major public sector banks, Post offices, ICICI Bank and Axis Bank.

Furthermore, the higher debt stock is also vulnerable to potential crystallization of contingent liabilities arising from the public sector, which includes the recapitalization of weak public sector banks or state - owned enterprises.

The 2nd phase of the mutual fund industry in India began when public sector banks and life insurance companies set up their own mutual funds and finally in 1993 Kothari Pioneer became the first private sector mutual fund to go public.

The Finance Ministry has thrown a wet blanket on public sector banks» tendency to «accommodate» public sector undertakings and large companies by giving them short - term, unsecured loans.

IDBI Bank (or Industrial Development Bank of India) is one of India's more dynamic public sector banks that lay emphasis on technology to offer best in class financial products and services to its customers.

Several public sector banks have shown their reluctance in adopting this model because of the existing RBI guidelines and also because they have entered into an exclusive tie - up with one insurance company.

This policy of LIC to purchase shares of these banks has been ongoing for a period of about 4 years and is helping at least 9 public sector banks keep their share prices relatively stable in an environment where most investors are shying away from investing in public banks, which currently hold stressed loans of Rs. 8 lakhs crores.

You can open a PPF account online at the nationalized public sector banks in India, at the post offices, and at other financial centres like the private banks.

Finance ministry sends circular to chief executives of public sector banks asking them to become insurance brokers

As per the chairman of a mid-sized public sector bank, Connectivity is the biggest problem faced by banks as the correspondents are unable to reach villages in a time - bound manner nor they are able to use the sales machines.

Picking up the preferential shares, LIC has raised its stake in various public sector banks like Central Bank of India, Bank of Maharashtra and United Bank of India, during the present fiscal.

The MUDRA Bank or Micro Units Development and Re-finance Agency Bank, is a well known public sector bank in India.

Corporation Bank is another top - known India's public sector bank delivering the highest standards of banking products and services to its customers.

The Bank of Maharashtra, the largest public sector Bank in Mumbai has also installed the Net Banking concept as a part of their Banking process.

Star Union Dai - ichi Life Insurance Co. Ltd. (SUD Life) is a joint venture (JV) of India's two leading public sector banks - Bank of... read more

Life Insurance Corporation of India, the leading public - sector life insurer in India, has invested an equivalent of Rs. 2750 crores in shares of leading Indian public sector banks.

Along with public sector banks, LIC has also turned out to be one of the largest investors in the QIP share sale of about Rs 2000 crore worth of bids.

One of the foremost private - sector insurers, Star Health and Allied Insurance Company recently had a tie - up with two major public sector banks.

All other public sector banks would join in if SBI becomes successful.

In its FY17 union budget, the Indian government announced 250 billion rupees will be allocated toward the recapitalization of public sector banks.

Public sector banks are likely to be more hesitant to lend money to these borrowers because chances of a turnaround for companies with high levels of debt seem unlikely, at least in the near term, according to Awtani.

The latest measures to reform India's public sector banks are merely «fine tuning» of some internal processes, said an analyst at Moody's.

Public sector banks have underperformed on the total priority sector target of 40 % since 2012.

Dear SHAM, You can deposit the CAPITAL GAINS (not entire sale proceeds) amount in a public sector bank or other banks as per the Capital Gains Account Scheme - CGAS, 1988.

3 — You can deposit the capital gains (if any) in Capital Gains Account Scheme offered by any public sector bank.

In late 1980s, Government allowed public sector banks and institutions to set up mutual funds.

It avoids companies that have weak cash flow like public sector banks, construction projects and companies that generate less than Rs. 100 crore cash per annum.

India's public sector banks are currently straining under the burden of non-performing assets, making it critical for an alternative source of funding to be made available, especially to finance large infrastructure projects.

The I - T dept has frozen his accounts with two public sector banks and a private bank

The rest of the 23 companies are either private insurance providers or JVs between national or international insurance / finance companies and private or public sector banks / financial institutions.

State Bank of India (SBI), the largest public sector bank, has been proactively supporting the Digital India campaign, launched by Narendra Modi, Honorable Prime Minister of India, by encouraging people to adopt what the adopt what the campaign emphasizes on.

One of India's largest public sector banks, SBI is undergoing a step - by - step process of rationalization, since SBI has merged with a few other banks in 2017.

Headquartered in Mumbai, IndiaFirst is one of India's youngest life insurance companies promoted by two large public sector banks - Bank of Baroda and Andhra Bank along with Legal & General, UK's leading risk, wealth and investment company.

You can start a Recurring Deposit at any bank, be it public sector bank or a private bank, and post office.

India's largest public sector bank - SBI has decided to reduce the charges on non-maintenance of monthly balance in savings accounts by up to 70 % w.e.f from April 1.