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PSBs Told To Maintain Profitability Momentum In FY26

PSBs Told To Maintain Profitability Momentum In FY26

As per government data, cumulative profit of 12 PSBs rose to record Rs 1.78 lakh crore in FY25, registering a growth of...

27 Jun 2025 7:08 PM IST

It has come as a rude shock for investors who considered FMPs to be a suitable alternative to bank fixed deposits.

1– 3 Year Deposits Dominate As Banks Near Peak Interest Rates

“Consumers exhibit a preference for placing deposits in the 1–3-year category" : Kotak Institutional Equities

6 Jun 2025 12:01 AM IST

FinMin to Review Jan Suraksha, Mudra Yojana Schemes With PSB Heads

FinMin to Review Jan Suraksha, Mudra Yojana Schemes With PSB Heads

New Delhi: Union finance ministry is expected to meet heads of public sector banks (PSBs) on Wednesday to review...

12 Jan 2025 9:19 PM IST

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports

Gross NPAs of PSBs reached ₹3.16 lakh crore, 3.09% of loans. Private banks’ NPAs at 1.86% as of 30 September 2024, per...

10 Dec 2024 5:56 PM IST

India: Centre rules out new PSU bank mergers

India: Centre rules out new PSU bank mergers

Government rules out further PSU bank mergers, citing systemic reforms, improved capital adequacy, and reduced stress...

3 Dec 2024 5:34 PM IST

PSB’s Record 26% Profit Growth in First Half FY25

PSB’s Record 26% Profit Growth in First Half FY25

New Delhi: The finance ministry on Tuesday said that public sector banks (PSBs) have shown robust performance in the...

12 Nov 2024 8:07 PM IST

Indian Economy Climbed to Fifth in World Under PM Modi: Karad

Indian Economy Climbed to Fifth in World Under PM Modi: Karad

Vijayawada: Union minister of state for finance Bhagwat Kishan Rao Karad said the Indian economy that had been in 10th...

14 Jun 2023 12:00 AM IST