Search For "public sector banks"
Committee on Banking for Viksit Bharat should address ownership structure,
Updated : 1 month, 3 weeks ago IST
The committee should address some matters such as ownership structure and voting rights of promoters as these continue to dampen private sector and foreign investor participation, ICRA said in its report. Finance Minister had said, the High Level Committee on Banking for Viksit Bharat will c
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Public sector banks sanction over Rs 52,300 crore in MSME loans via new as
Updated : 2 months ago IST
Small business financing in India has undergone a massive digital transformation, with Public Sector Banks (PSBs) sanctioning more than 3.96 lakh MSME loan applications between April 1 and December 31, 2025. These sanctions, totalling over Rs 52,300 crore, were made possible through the newl
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PSU banks to outperform system credit growth over medium term: HSBC Report
Updated : 2 months, 1 week ago IST
In its latest outlook on Indian PSU banks, HSBC said the sector is entering a phase of structurally stronger growth following a prolonged clean-up cycle. "PSBs are well placed to gain market share given improved capital positions, healthier balance sheets and competitive pricing," the report
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Banking sector records strong turnaround in 2025: Finance Ministry
Updated : 2 months, 2 weeks ago IST
DFS continued its trajectory of momentous reforms in 2025, building on the robust and firm foundation established through initiatives like Your Money, Your Right Campaign, the Banking Laws (Amendment) Act, 2025, EASE 8.0 rechristened as EASE₹ise, 'Credit Line on UPI', 'Hello! UPI'- an AI-voi
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Private banks lead small business lending; PSBs lost share in last 2 years
Updated : 3 months ago IST
Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report by Small Industries Development Bank of India (SID
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PSU banks gain market share from private lenders in personal, home and aut
Updated : 3 months ago IST
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 3 months, 1 week ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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Vijay Mallya asks for appointment of retired judge to probe recovery claim
Updated : 3 months, 3 weeks ago IST
Fugitive Economic Offender Vijay Mallya has questioned the Central government and public sector banks over what he described as inconsistent statements on the amounts recovered from him, and demanded the appointment of a retired judge to investigate the matter.
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Nirav Modi, Mehul Choksi among 15 Fugitive Economic Offenders as of Octobe
Updated : 3 months, 3 weeks ago IST
Nirav Modi, Mehul Choksi, Vijay Mallya, Nitin Sandesara, Chetan Sandesara and Sudhir S Venkatramanare are among India's 15 Fugitive Economic Offenders (FEOs) as of October 31, 2025, as they together are responsible for causing financial losses of over Rs 58,000 crore to public sector bank
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Vijay Mallya, Nirav Modi among 15 declared Fugitive Economic Offenders cau
Updated : 3 months, 3 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary on Monday informed the Lok Sabha that a total of 15 individuals have been declared Fugitive Economic Offenders (FEOs) under the Fugitive Economic Offenders Act, 2018 (FEOA) as of October 31, 2025.
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Credit momentum to continue in 2H, but growth likely to be capped by weak
Updated : 3 months, 3 weeks ago IST
With the strong festive demand and the GST cuts, the loan growth in the banking system has picked up pace in October and early November, according to a latest report by IIFL Capital.
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DFS secretary M Nagaraju chairs review meeting to discuss issues related t
Updated : 4 months ago IST
Progress on the cases that were admitted at NCLT, those which were resolved at NCLT and the ones disposed off outside the IBC was acknowledged. The review of major cases awaiting admission and resolution at the NCLT benches was undertaken. Secretary (DFS) emphasised that the timelines in
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