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2 mins read

Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit

On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…

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3 mins read

Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient

New Delhi, Jan 31 () Flagging "disproportionate dwarfism" of Indian banks as compared to the size o…

PTI   


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1 min read

PSBs' financial health should be assessed by their ability to raise resources from markets: RBI

Mumbai, Dec 24 () The financial health of state-owned banks should be assessed by their ability to …

PTI   


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2 mins read

Merged PSBs to ensure no disruption to credit flow, enhanced customer experience: FinMin

Following the merger, Punjab National Bank will become the country's second largest bank, with bus…

PTI   


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2 mins read

Amalgamation of 10 PSBs into 4 from April 1: FM Sitharaman

"Sticking to the April 1, 2020 deadline, banks are fully on board. The Cabinet may have given the …

PTI   


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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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1 min read

Economy needs support from PSBs: Union Bank chief

Recently, Oriental Bank of Commerce and United Bank of India were merged into Punjab National Bank,…

PTI   


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3 mins read

Budget 2016: Here’s why a sovereign ‘bad bank’ will be a bad idea

As it is widely known, public sector banks have been suffering from a spurt of NPAs for a while now…

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1 min read

Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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2 mins read

Govt may not announce capital infusion for PSU banks in Budget 2023-24

The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …

PTI   


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2 mins read

Government banks are bailing out shadow banks with Rs 2.5 lakh crore

For this, the government will provide a one-time six months' partial credit guarantee to PSBs for f…

PTI   


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2 mins read

Public sector banks turn profitable in Apr-Sep FY20

New Delhi, Dec 9 () Public sector banks (PSBs) returned to profitability in 2019-20, posting an agg…

PTI   


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Govt okays partial credit guarantee scheme for PSBs to buy high rated assets of NBFCs/HFCs

The scheme would cover NBFCs/HFCs that may have slipped into SMA-0 category during the one year per…

PTI   


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3 mins read

Mega bank merger marks new dawn for Indian banking space: FinMin

"We don't foresee any problem it is going as per the plan. We have reviewed in the light of this s…

PTI   


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Now, your behaviour and mental ability will get you top post in public sector bank

The PSBs are taking these psychometric tests to ascertain that the aspirant would be able to head l…