Search For "indian public sector banks"
PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 5 months ago IST
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said in a release on Sunday.
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Public Sector Banks records strong performance in 1st half of FY25
Updated : 1 year, 6 months ago IST
The Indian Public Sector Banks (PSBs) reported a robust performance in the first half of the financial year 2024-25, with aggregate business standing at Rs 236.04 lakh crore, showing 11 per cent Year on Year growth, the Ministry of Finance said on Tuesday.
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Moody's maintains stable outlooks on three Indian public sector banks
Updated : 1 year, 11 months ago IST
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
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Moody's cracks down on five Indian public sector banks
Updated : 5 years, 8 months ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 9 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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Moody's takes rating action on five Indian public sector banks following m
Updated : 6 years, 8 months ago IST
Singapore, Sept 4 (ANI): Moody's Investors Service on Wednesday took rating actions on Canara Bank, Oriental Bank of Commerce (OBC), Punjab National Bank (PNB), Syndicate Bank and Union Bank of India (Union Bank) that will undergo mergers as announced by the government.
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CRISIL outlook on PSBs revised to 'stable' from 'negative'
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 27 (ANI): The economic outlook of the Indian public sector banks (PSBs) was revised from 'negative' to 'outlook' by credit rating body CRISIL.
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