Government Banks
Govt planning to sell stakes in 4 state-run banks to comply with Sebi norms
The Securities and Exchange Board of India (SEBI) requires listed companies to maintain a 25 per cent public shareholding, but has exempted government-owned firms from meeting these norms till August
 "Govt planning to sell stakes in 4 state-run banks to comply with Sebi norms")
Banking liquidity moves to surplus due to govt spending, RBI concerned
The banks parked Rs 1,512 crore with the RBI on Tuesday, according to the data released by RBI
 "Banking liquidity moves to surplus due to govt spending, RBI concerned")
Interchange of Rs 17 at ATMs is not viable: Navroze Dastur of NCR Corp
In a Q&A, the country managing director of the world's largest ATM maker, says he sees a lot of banks come to firms such as his to run their ATM network for them in the future
 "Interchange of Rs 17 at ATMs is not viable: Navroze Dastur of NCR Corp")
Amid falling staff strength, PSBs may soon start hiring on a monthly basis
From a peak of 886,490 in 2012-13, staff strength in state-owned banks fell to 770,800 in 2020-21
 "Amid falling staff strength, PSBs may soon start hiring on a monthly basis")
Bank unions to begin Twitter campaign against privatisation on Sunday
A day ahead of the start of the Parliament's Monsoon session, the United Forum of Bank Unions (UFBU) has given a call for a campaign on Twitter against privatisation of government banks
 "Bank unions to begin Twitter campaign against privatisation on Sunday")
Bank of Maharashtra bucks the trend, cuts MCLR by 20-35 basis points
The state-owned lender cut overnight and one-month MCLR by 25 bps to 6.90 per cent and 7 per cent
 "Bank of Maharashtra bucks the trend, cuts MCLR by 20-35 basis points")
BoB rejigs corporate banking biz, to open 27 branches for mid-corp entities
After rationalisation, nine Bank of Baroda branches will cater to large corporates while 27 will be for mid-sized corporates
 "BoB rejigs corporate banking biz, to open 27 branches for mid-corp entities")
Govt likely to reduce number of PSU banks to just five, says report
The government official said that such a plan would be laid out in a new privatisation proposal the government is currently formulating, and this would be put before the cabinet for approval
 "Govt likely to reduce number of PSU banks to just five, says report")
Decade in review: How state-owned banks rose to the occasion amid crisis
At the start of the decade, the government was busy infusing stimulus packages to revive various sectors affected by the global credit crisis
 "Decade in review: How state-owned banks rose to the occasion amid crisis")
T N Ninan: Staring into the hole
Quite a few of the government banks may be, or may soon become, bankrupt
