Search For "private sector banks"
PSB Xchange Completes Its First Live End-to-End Digital Supply Chain Finan
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], October 17: In a significant development for India's banking sector, Central Bank of India (CBI) has successfully completed the first fully digital supply chain finance transaction on the PSB Xchange platform offered by PSB Alliance, a unified multi-lender platf
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Public sector banks outpace private lenders with double-digit advances in
Updated : 7 months, 3 weeks ago IST
For the first time since March 2010, Public Sector Banks (PSBs) reported double-digit growth in advances at 12.2 per cent year-on-year in FY25, surpassing Private Sector Banks' (PVBs) growth of 9.5 per cent, according to a Systematix Group report.
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Axis Bank Launches Sparsh Week 2025: 'Raising the Bar' Nationwide
Updated : 7 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relations
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Aggressive competition from PSBs will be a risk for prolonged slower growt
Updated : 9 months, 1 week ago IST
Aggressive competition from Public Sector Banks (PSBs) poses a significant risk of prolonged slower growth for Private Sector Banks (PVBs), according to a report by Bernstein.
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Axis Bank Introduces Industry-First 'Lock FD' Feature to Safeguard Term De
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], August 6: Axis Bank, one of the largest private sector banks in India, today announced the launch of an industry-first feature - 'Lock FD', designed to protect customers' term deposits from rising digital frauds. This innovative feature, available on the Bank's
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PSBs outperform private banks in credit growth 11% Vs 8.1% in Q1FY26: Care
Updated : 9 months, 2 weeks ago IST
Public Sector banks (PSBs) performed better than Private sector banks (PVBs), PSBs credit rate growth was 11 per cent as compared to 8.1 per cent of PVBs in Q1 of the Financial Year, according to a report by CareEdge.
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PSU Banks continue to lead in ATM transactions, Private banks dominates in
Updated : 11 months ago IST
Public sector banks (PSBs) continue to dominate in terms of the value of transactions made through ATMs and cash deposit machines (CRMs), while private sector banks maintained a strong lead in online (e-commerce) transaction value, according to the data from a report by Indus Equity.
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Govt banks are disadvantaged over private banks because of their dependenc
Updated : 11 months ago IST
Public sector banks (PSBs) in the country rely more on deposits as compared to private banks whereas private sector banks, on the other hand, actively use borrowings to manage their funding needs, according to a report by HDFC Securities.
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Axis Bank Partners with Antara Senior Care to Enhance Quality of Life for
Updated : 1 year ago IST
New Delhi [India], May 15: Axis Bank, one of the largest private sector banks in India, has joined hands with Antara Senior Care, India's only integrated senior care ecosystem and a wholly owned subsidiary of Max India Limited, to enhance the well-being and quality of life of India's senior
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Nirmala Sitharaman reviews banking sector preparedness amidst tension at b
Updated : 1 year ago IST
Union Finance Minister Nirmala Sitharaman on Friday convened a high-level meeting with the Managing Directors and CEOs of Public and Private sector banks and insurance companies amidst emerging security concerns arising from tensions at the western border.
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Axis Bank first to go live with a pioneering B2B Collections Solution for
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], April 3: Axis Bank, one of the largest private sector Banks in India, today announced that it has partnered with a Fortune 500 company in India to provide B2B collections utilising NBBL's Bharat Connect (Erstwhile BBPS). With this, Axis Bank becomes the first Ba
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EPFO teams up with 15 additional banks empanelled for collection of EPFO c
Updated : 1 year, 1 month ago IST
Employees' Provident Fund Organisation (EPFO) entered into agreements with 15 additional Public/Private Sector Banks in the presence of Dr Mansukh Mandaviya, Union Minister for Labour & Employment, Youth Affairs & Sports in New Delhi on Tuesday.
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