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BoB sanctions over Rs 3,300 crore in agri loans after conclusion
Bank of Baroda (BoB), a major public sector bank, concluded the 7th edition of its flagship rural outreach...
Govt discusses ways to expedite resolution of public grievances
M Nagaraju, Secretary, Department of Financial Services (DFS), chaired a meeting on Wednesday and reviewed 20...
PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 pe
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the...
Gross NPA of public sector banks declined to 3.1% from 2018 peak
The Gross NPA ratio of public sector banks has declined to 3.12 per cent in September 2024 from 4.97 per cent in...
Banks treated as ATMs under Congress rule: Sitharaman
"PSBs were treated as 'ATMs' for their cronies and shady businessmen. It was actually during the UPA regime when...
Lok Sabha passes Banking Laws Amendment Bill
Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday...
Public Sector Banks records strong performance
The Indian Public Sector Banks (PSBs) reported a robust performance in the first half of the financial year 2024-25,...
Public sector banks outperformed private banks by a wide margin
The net profit of public sector banks has surpassed that of private sector banks by a wide margin on a Year-on-Year...
Department of Financial Services reviews credit disbursement
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of...
Profit of public sector banks expected to decline by 0.6 per cent
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expected to see a...
Banks’ bond issuances expected to hit record
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to...
Sitharaman asks public sector banks improve deposit mobilisation
During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth...
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