Surplus Cash with Public Sector Banks’ (Psbs)

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..... Surplus Cash with Public Sector Banks’ (Psbs) - News and Press Release Dated:- 26-2-2013 - News - In the light of Public Sector Banks (PSBs) special role and importance in the banking industry and .....

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..... in advancing the economic policies of the Government, in 2008, the Government asked all the Ministries / Departments and Central Public Sector Enterprises to place at least to the extent of 60% of the .....

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..... ir surplus funds with PSBs. The said instructions have again been reiterated in 2012 with certain modifications (available on website http://financialservices.gov.in/). In so far as dividend is concer .....

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..... ned, it is a stream of revenue to the shareholders including the Government and is declared by the respective boards of PSBs keeping in view their profit, relevant legal provisions and extant instruct .....

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..... ions on the subject. This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Rajya Sabha today. DSM/RS/ka (Release ID :92543) - .....

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..... News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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