Kalyan Kumar, MD and CEO, Central Bank of India The Central Bank of India (CBoI) plans to rebalance its loan portfolio, which is currently focused on retail, agriculture and SME exposures, by stepping up lending to businesses. RAM advances accounted for 71.5 percent of Public Sector Bank’s total advances (of ₹ 2,93,488 crore) at the […]
Infosys, one of India’s leading IT giants, is set to focus more on dividends today as investors keep an eye on the company’s announced interim dividend of Rs 23 per share. The stock is trading at an interim dividend of 460%, and today is the last day to buy Infosys shares to qualify for the […]
Defense shares can be tiring after a strong indictment, but PSU banks are still marching ahead, says Anand James of Geojit Investments. Together they have driven the outperformance of the wider market, so that traders wonder: is this only the opening act or the peak of the rally? Edited fragments from a chat with the […]
FSIB was founded by the Central Government to recommend candidates for appointment as directors and non-executive chairman in the Councils of Councils The government has expanded the term of office of six executive directors (EDS) of various banks in the public sector in a clear signal that it wants stability of a permanent appointment for […]
The Indian banks in the public sector (PSBs) still have to provide the standards for healthy corporate governance, since the majority of lenders have not filled in important positions on their boards and have been empty for years, according to answers received on RTI submitted by submitted by submitted by line. Bank of Baroda, who […]
The Supreme Court asked on Friday the opinion of the former director of the former intelligence agency and former member of the National Human Rajiv Jain to look at the insolvency procedures of Supertech Realtors, since a recent CBI report claimed that the money of homebuyers in 21 projects in 21 projects. A bank led […]
PSBs are increasingly dependent on a huge parallel workforce of more than one Lakh contractual and outsourced employees Fresh manpower data from 30 June 2025 reveal that various banks in the public sector (PSBs) work with considerable staff shortages. When measured as a share in the total manpower requirements rated, the Central Bank of India […]
Generali Group and Central Bank of India announced a new brand identity on Monday for their insurance jointje, Rebranding as Generali Central. The life insurance activities will operate as Generali Central Life Insurance Company Limited, while the General Emergency Insurance Central Insurance Company will be Limited. The shareholder structure remains unchanged, with Generali Group a […]
The government has dealt dealers and legal advisers for the sale of minorities in LIC and other financial institutions for the public sector, Ministry of Investment and Public Asset Management (DIPAM) (DIPAM) Secretary Arunish Chawla, said Friday. “As far as Lic is concerned, we have completed the RFP process. The process for the appointment of […]