Search For "psbs"
Private banks losing market share across segments, Public sector banks, NB
Updated : 8 months ago IST
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.
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PSU Banks continue to lead in ATM transactions, Private banks dominates in
Updated : 8 months, 3 weeks 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 : 8 months, 3 weeks 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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Private banks increased market share in total deposits while PSBs loses 60
Updated : 8 months, 3 weeks ago IST
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.
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PSU banks gain market share amid slow down in credit growth: UBI Report
Updated : 8 months, 4 weeks ago IST
The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private Banks (PVBs) counterparts, according to a report by the Union Bank of India.
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Public Sector Banks Embrace AI-driven Debt Collection with Spocto X, Boost
Updated : 11 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions to revolutionize debt collections, driven by the urgent need to reduce Non-Performing Assets (NPAs) and enhance recovery outcomes. Leading this transformation is Spocto X-a Yu
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PSBs highest-ever net profit of rs 1.29 lakh crore recorded, marking 31.3
Updated : 1 year, 1 month ago IST
Public Sector Banks (PSBs) have recorded the combined net profit surged to an all-time high of Rs 1,29,426 crore during April-December 2024, registering a 31.3 per cent year-on-year (YoY) growth.
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DFS Secretary chairs meeting to expedite resolution of public grievances
Updated : 1 year, 2 months ago IST
M Nagaraju, Secretary, Department of Financial Services (DFS), chaired a meeting on Wednesday and reviewed 20 randomly selected public grievances resolved by Public Sector Banks (PSBs) and insurance companies to assess resolution quality.
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PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 3 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 treated as ATMs under Congress-led UPA rule: Sitharama
Updated : 1 year, 3 months ago IST
"PSBs were treated as 'ATMs' for their cronies and shady businessmen. It was actually during the UPA regime when bank employees were harassed and forced to give loans to cronies through "phone banking" by the then Congress-led UPA Govt functionaries," Sitharaman said.
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Public Sector Banks records strong performance in 1st half of FY25
Updated : 1 year, 4 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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Department of Financial Services reviews credit disbursement to agri-allie
Updated : 1 year, 4 months ago IST
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
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