In an event this week, FM Nirmala Sitharaman signaled that the work has commenced for the next phase of the PSU bank merger.

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The shares of public sector banks rose in trade on October 28 after a Reuters report said that India is planning to more than double the current foreign investment cap in state-run lenders to 49 ...

'This is an area where good lending can happen, and that is one of the priorities for the next quarter.' Indian Overseas Bank ...

Indian Overseas Bank (IOB) has announced a major relief for millions of account holders across the country. Effective 1 October 2025, the bank has completely waived penalties for not maintaining the ...