Public Sector Banks Embrace AI-driven Debt Collection

Mumbai (Maharashtra) [India], April 3: Public Sector Banks (PSBs) are rapidly embracing AI-powered digital solutions...

Piramal Finance Partners with Punjab & Sind Bank to Boost Lending

Mumbai (Maharashtra) [India], March 18: Piramal Capital & Housing Finance Limited (Piramal Finance), a leading...

PMSGMBY now led to 10 lakh homes becoming solar-powered

The scheme offers collateral-free loans of up to Rs 2 lakhs at a marginal interest rate of 6.75 per cent through 12...

PSBs records highest-ever net profit of Rs 1.29 lakh crore

Public Sector Banks (PSBs) have recorded the combined net profit surged to an all-time high of Rs 1,29,426 crore...

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...