
Public sector banks (PSBs) demonstrated faster monetary policy transmission in June, with their fresh rupee loan lending rates falling 56…
Public Sector Banks (PSBs) delivered a strong performance in the recent quarter, with the Nifty PSU Bank index rising 14.99%,…
Finance Minister Nirmala Sitharaman has urged Public Sector Banks (PSBs) to leverage the RBI’s recent 50 basis points repo rate…
Finance Minister Nirmala Sitharaman will meet PSB chiefs to review FY25 performance, including profitability (PSBs’ 26% net profit growth), bad…
SBI, Bank of India, and Bank of Maharashtra cut lending rates by 25 bps after RBI’s repo rate reduction, lowering…
It was announced in the Union Budget 2024-25 that public sector banks (PSBs) will build their in-house capability to assess…
SBI’s Challa Sreenivasulu Setty will be joining as the Chairman of IBA and AK Goel will be the new Chief…
Even though LIC is a large-cap company with a market capitalisation of close to Rs 5 lakh crore, it is…
PSBs are adequately capitalized and well poised to meet credit demands of all sectors of the economy, with special thrust…
Post the implementation of new guidelines, banks are not allowed annual shifting of securities thereby limiting the exponential profits.
During the review meeting, Nagaraju observed that the majority of customers raised complaints due to genuine grievances against an organisation.
The FM said the metrics are healthy for PSBs to tap the market and raise funds through bonds and loans…
The government has taken several steps in the latest budget including a new credit assessment model for MSMEs based on…
The IBBI said that the PSB Alliance has developed a module within the eBKray platform to facilitate the listing and…
Experts also believe that specialised infrastructure finance institutions, which are backed by the government, are more suited to finance long-term…
The high government holding in these banks is partly due to capital infusion by the government between FY17 and FY22…
All of the participating public sector banks in India have cited reduction in NPA levels while amongst participating private sector…
The refinancing entity for SME finance is witnessing a strong credit growth and to further grow the business, capital would…