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PSBs to make additional provision of over ₹21,300 cr for higher family pension, NPS

PSBs to make additional provision of over ₹21,300 cr for higher family pension, NPS
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Bank Atm FRAUD Bank will deploy guards all ATMs to check frauds How to stop Bank ATM Fraud

Bank Atm FRAUD Bank will deploy guards all ATMs to check frauds How to stop Bank ATM Fraud
jagran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagran.com Daily Mail and Mail on Sunday newspapers.

Financial services departmentA bankFinancial servicesBank officersa unionBank on fraudFinancial services secretary debashish pandaநிதி சேவைகள் துறைநிதி சேவைகள்நிதி சேவைகள் செயலாளர் டெபாசிஸ் பாண்டா

Below the line - The Hindu BusinessLine

Below the line ‘Ruling’ batch at FinMin In an interesting twist of events, bureaucratic reshuffle has brought four batchmates together in the Finance Ministry Financial Services Secretary Debashish Panda, Expenditure Secretary TV Somnathan, DIPAM Secretary Tuhin Kanta Pandey and Economic Affairs Secretary Ajai Seth. All belong to the 1987 batch of Indian Administrative Service. The fifth Secretary, Tarun Bajaj, is a 1988 batch officer. If one goes by tradition then among the four batchmates, Panda is expected to be designated Finance Secretary as he is ahead in terms of ranking. However, he will be the first to superannuate, with the other three to retire in 2025, Pandey the last. So, till 2025 Finance Secretaries will be from the 1987 batch. It is rare for officers from one batch to hold the Finance Secretary’s job for so long .

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LIC to sell stake in IDBI Bank to ease process of disinvestment

LIC to sell stake in IDBI Bank to ease process of disinvestment March 07, 2021 Government intends to complete the process in FY21-22 Life Insurance Corporation of India (LIC) has agreed to shed its shareholding in IDBI Bank, a move which will give a boost to the government to completely exit from the IDBI Bank and also ease the process of its strategic disinvestment. However, it is for LIC to decide on the quantum of stake it would like to part with to aid this process. As on December 30, 2020, LIC holds 49.24 per cent of stake in LIC while 45.48 per cent is with the Central Government.

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Rebooting Economy 65: IBC has failed; will a bad bank succeed?

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

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