You Searched For "PSB" and got 20 results
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6 mins read
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Union Bank of India stock price is up by 60.8 per cent over the last month among the PSU bank st…
1 min read
IDBI Bank union wants govt assurance on PSB-type job benefits
Mumbai, Feb 1 () Hours after Finance Minister Nirmala Sitharaman announced plans to sell the govern…
PTI
1 min read
PSB employee unions in UP join two-day strike, services hit
Lucknow, Jan 31 () Customers of public sector banks in Uttar Pradesh faced troubles on Friday with …
PTI
2 mins read
India’s finance ministry claims that state-owned banks will recover 20% of their bad loans this year
While a number of large accounts are expected to be resolved under the Insolvency and Ban…
2 mins read
The chairman of India’s largest bank has said that it shouldn’t absorb any more banks
SBI is India’s largest bank, holding a little under a quarter of all the assets in the banking…
2 mins read
India’s government is merging three state-owned lenders to create one of the country’s largest banks
The problems plaguing India’s public sector banks are well known. In addition to poor governance,…
1 min read
PSB NPAs likely to rise 2-4 pc points; may push govt to recapitalise via RBI reserves, bonds: Report
Asserting that such a move does not entail a moral hazard, it elaborated saying PSU banks can heal …
PTI
2 mins read
India's largest bank is shutting down some international branches to save money
However, instead of exiting countries completely, SBI will mostly cull branches in countries w…
1 min read
Government is working on a rescue plan for state-run banks buried under NPAs
Indian government is preparing a contingency plan so that it can help state-run banks in case they …
1 min read
Bad loans being formed at a slower pace now, says RBI
He added that most of the banks are adequately capitalised and would be helped by the government in…
1 min read
Assocham predicts bank strike to affect transactions worth Rs 15,000 crore
Around 10 lakh employees observed a strike today, hitting services at around 80,000 branches in the…
1 min read
This is crazy. Public Sector Banks just wrote-off a whopping Rs 1.14 lakh cr in bad debt accumulated over 3 years
This was more than the amount written off in the previous nine financial years. "The public sector…
2 mins read
Net NPAs of Indian banks dropped by 24.9% and Gross NPAs by 15.2% as of June 2024: CareEdge
The gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) fell by 15.2 per cent …
ANI
2 mins read
Effect of cyclicals: Q3 corporate earnings driven by autos & financials
Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …
3 mins read
Even in the digital age, banks need brick and mortar presence, especially in Hindi heartland
In the age of digital banking, there are very few reasons to step into the bank. Even if one decide…
2 mins read
Bank of Baroda becomes second public sector lender to hit ₹1 lakh crore market cap
Bank of Baroda became the second Indian public sector bank to hit a market capitalization of over ₹…
3 mins read
Nifty50, Sensex extend losses for the third straight session – Easy Trip Planners, Bank of Maharashtra top gainers; Cochin Shipyard top loser
India’s benchmark indices Nifty50 and Sensex extended their losses for the third consecutive day, w…
3 mins read
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
2 mins read
Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality
The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…
PTI
4 mins read
Tamil magazine editor S. Gurumurthy 'pressurised' to take up RBI Board position
As a post script in his email, Gurumurthy told Venkatachalam: "You all think that me being in the R…