State Bank of India (SBI), the country's largest bank, in partnership with the Indian Institute of Technology Guwahati (IIT-G), successfully concluded the PSB Hackathon Series 2025 - FINNOVATION with a grand felicitation ceremony.
The gross non-performing assets (NPAs) of banks fell sharply in the first quarter of FY26, reflecting an improvement in overall asset quality, according to a report by Care Edge Ratings.
The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current financial year, even as their asset quality worsened marginally on a sequential basis, according to a report by CareEdge Ratings.
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.
New Delhi [India], August 5: Pearl Academy School of Business (PSB) has partnered with INSEAD XR Lab, one of the world's leading centres in immersive educational technology, to introduce immersive XR simulation-based learning, positioning PSB among the first institutions in India to integrat
The transmission of policy rate cuts by the Reserve Bank of India (RBI) is visible in the outstanding books of banks and fresh loans are given at relatively higher margins, according to a recent report by CareEdge Ratings.
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.
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking Financial Companies (NBFCs) must be fair, respectful, and empathetic, and must strictly align with the Reserve Bank of India's (RBI) Fair Practices Code.
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.
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.
Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.