Essayer OR - Gratuit
PSBs Face FinMin Heat Over Delay in Release of Customers' Property Docs
Business Standard
|August 02, 2025
The Union Ministry of Finance has chided public-sector banks (PSBs) for failing to promptly release property documents to customers who have repaid loans, calling the lenders' conduct "unsatisfactory," according to a senior government official.
The backlog of such cases reduced from 29,500 in August 2024 to 20,800 in February 2025.
"The delays are a breach of customer trust, so the finance ministry has directed PSBs to fix accountability, set strict timelines, and ensure faster release of pledged assets, warning that such lapses damage the public image of PSBs," said the official on condition of anonymity.
Cette histoire est tirée de l'édition August 02, 2025 de Business Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business Standard
Business Standard
Supreme Court’s AGR dues order only for Vi
Eyen as other telecom companies are also hopeful of getting a breather, the written order of the latest Supreme Court verdict, linked to adjusted gross revenue (AGR) dues, suggests that the scope has not been broadened beyond Vodafone Idea (Vi).
1 mins
November 05, 2025
Business Standard
Low steel prices put ₹9 trn expansion plan at risk: Steel secy
India's steel industry is facing stress as five-year low prices have forced around 150 small producers to shut down operations and 50 more to cut output by half, raising concerns over the sector's ability to invest 9 trillion required for funding its next phase of capacity expansion, said steel ministry Secretary Sandeep Poundrik on Tuesday.
1 min
November 05, 2025
Business Standard
Europe winter travel costs for Indians dip 40%
With Europe being a prominent destination for Indians during the long winter holidays, this year's travel costs are down by up to 40 per cent for the November-February period, according to travel firm Cox and Kings.
1 min
November 05, 2025
Business Standard
Consolidated profit up 84%
The financial results for the September quarter showed a strong rise in net profit, boosted by a one-time gain.
1 min
November 05, 2025
Business Standard
Industry wheels slow down, await workhorses from Bihar
More than 74 million voters are set to cast their vote in Bihar’s Assembly elections on November 6 and 11.
3 mins
November 05, 2025
Business Standard
Adani Enterprises to raise up to ₹25K cr via rights issue
Fundraise to push growth across airports, data centres, green energy, roads
2 mins
November 05, 2025
Business Standard
Yono 2.0 launch likely by Dec-end
State Bank of India is likely to launch its upgraded version of mobile banking app Yono 2.0 by the end of December. The new version will be capable of handling 200 million customers, said SBI Chairman C S Setty.
1 min
November 05, 2025
Business Standard
ChrysCapital closes record $2.2 billion fundraise
ChrysCapital, India’s largest homegrown private equity firm, has closed its 10th fund — ChrysCapital X — at $2.2 billion, the biggest India-focused private equity fund ever raised.
2 mins
November 05, 2025
Business Standard
Mehli Mistry sends out truce signals to Tata Trusts
Within days of filing a caveat with the Maharashtra Charity Commissioner that he should be heard before being ousted as a Tata Trusts trustee, Mehli Mistry has sent out truce signals.
3 mins
November 05, 2025
Business Standard
Billionaire who became synonymous with India's rise on global stage
London-based billionaire Gopichand Parmanand Hinduja, one of the principal patriarchs of the Hinduja group and a central architect of its global expansion, has passed away following a prolonged illness. He was 85.
2 mins
November 05, 2025
Listen
Translate
Change font size