Search For "public sector banks"
Gross NPAs reduce from 9.11% to 2.58% from March 2021 to March 2025: Govt
Updated : 11 months ago IST
Public sector banks saw a sharp decline in their gross NPAs from ₹6.17 lakh crore in March 2021 to ₹2.84 lakh crore in March 2025.
Read More
KredX's DTX Platform and Canara Bank Partner to Supercharge Digital Trade
Updated : 11 months ago IST
Bengaluru (Karnataka) [India], July 22: KredX, India's leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India's prominent public sector banks. This collaboration aims to significantly broaden the reach of digital
Read More
Bank of Baroda Inaugurates New Zonal Office in Raipur
Updated : 11 months, 3 weeks ago IST
Raipur (Chhattisgarh) [India], July 18: Bank of Baroda, one of India's leading public sector banks, inaugurated its new Zonal Office premises in Raipur, which will cover the entire state of Chhattisgarh with Bank's endeavor to strengthen its presence and deepen customer outreach.
Read More
Private banks losing market share across segments, Public sector banks, NB
Updated : 11 months, 3 weeks 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.
Read More
MTNL defaults on Rs 8,585 Crore loan to seven PSU banks, fails to repay pr
Updated : 11 months, 3 weeks ago IST
State-run Mahanagar Telephone Nigam Ltd (MTNL) has defaulted on the payments of both principal and interest to seven major public sector banks, totalling Rs 8,585 crore.
Read More
PSU Banks continue to lead in ATM transactions, Private banks dominates in
Updated : 1 year 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.
Read More
Govt banks are disadvantaged over private banks because of their dependenc
Updated : 1 year 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.
Read More
Private banks increased market share in total deposits while PSBs loses 60
Updated : 1 year 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.
Read More
PSU banks gain market share amid slow down in credit growth: UBI Report
Updated : 1 year 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.
Read More
Bank of Baroda reduces repo-linked interest rates following RBI footstep
Updated : 1 year ago IST
Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.
Read More
Public sector banks outshine Private lenders in Q4FY25 profit, driven by b
Updated : 1 year, 1 month ago IST
The government-owned banks have reported higher profits than their private sector counterparts in the fourth quarter of the financial year 2025, according to a recent report by CareEdge Ratings.
Read More
NBFCs outpace banks in lending MSMEs, growth will continue to persist: Car
Updated : 1 year, 1 month ago IST
Lending by MSMEs witnessed robust growth in recent years, with Non-Banking Financial Companies (NBFCs) emerging as the front-runners, outpacing the growth rates of both private and public sector banks, according to CareEdge Ratings.
Read More