Public Sector Banks

Banks scale up CSR spending, HDFC Bank tops list

Banks ramped up CSR spending in FY25, with HDFC Bank leading at ₹1,068 crore, followed by SBI and ICICI Bank.…

August 21, 2025 05:28 IST

Bank of India eyes listing of mutual fund, life insurance arms

Bank of India plans to list its mutual fund and life insurance subsidiaries after scaling up operations. CEO Rajneesh Karnatak…

August 18, 2025 20:03 IST

PSB, Banking, Banks, BFSI, bank of Baroda, public sector banks,

Higher treasury gains drive PSBs’ profitability in Q1

Public sector banks posted Rs 44,218 crore profit in Q1FY26, driven by higher treasury gains amid NIM pressure. SBI led…

August 10, 2025 20:50 IST

banks, banking, MSME, Public sector banks, PSB, Federal Bank

Banks go all out to woo MSMEs

Banks slash MSME loan rates to as low as 8.5% amid fierce competition, rising liquidity, and regulatory tailwinds. With RBI’s…

August 4, 2025 21:06 IST

Merchant bankers appointed for OFS in LIC and other financial institutions

The merchant bankers and legal advisers have been appointed for three years to undertake minority stakes sales at opportune times…

August 2, 2025 07:23 IST

MTNL defaults on bank loans worth Rs 8585 crore; total debt of Rs 34,484 crore

MTNL said that it has defaulted on the payment of capital borrowed from the State Bank of India, Punjab National…

July 16, 2025 17:37 IST

government, PSBs, FDI, foreign investment, consolidation, merger, financial sector, credit demand

FDI cap hike and PSB mergers back on govt’s agenda to strengthen financial sector: Report

The government is considering a fresh wave of financial sector reforms, including possible consolidation of public sector banks and raising…

July 16, 2025 13:10 IST

Focus on selling insurance products along with core banking operations: Govt to PSBs

Acknowledging the importance of public sector banks to meet ‘Insurance for All by 2027’ target, the DFS has asked PSU…

June 9, 2025 14:03 IST

jan dhan, money, PMJDY scheme, Pradhan Mantri Jan Dhan Yojana, cash scheme

Jan Dhan deposits rise to Rs 2.63 lakh crore

Jan Dhan deposits hit a record Rs 2.63 lakh crore as of April 2025, with average per-account balance at Rs…

April 20, 2025 22:11 IST

PSBs bet on corporate loan book expansion, infra loans

For example, State Bank of India’s corporate loan book grew by 18.35% year-on-year in the September quarter and it is…

November 16, 2024 09:22 IST

Banking gains! Public Sector Banks report 11% growth in first half of FY25

The Ministry of Finance highlighted these figures in a statement on Tuesday, showcasing growth in various financial metrics.

November 12, 2024 19:55 IST

RBI announces changes to KYC rules! How it will impact you

KYC is a process that involves providing proof of identity and address to open or maintain a bank account. KYC…

November 11, 2024 08:01 IST

EEPFO, NABARD, IFCI, EXIM Bank, National Housing Bank, Sidbi, GDP

India’s effective sovereign debt overstated

The government issues SSGS, a non-tradable debt, to the Central Provident Fund (CPF) Board. The CPF Board mobilises citizens’ and…

October 22, 2024 05:00 IST

Bank SaaS: Is the opportunity real for VC investors?

The road ahead for bank SaaS is fraught with challenges. One of the most significant hurdles is the entrenched nature…

October 5, 2024 12:04 IST

Public Sector Banks lead the race in infrastructure bond issuances

According to the report, in comparison to private banks, government banks have more stable deposits and larger room to fund…

Updated: September 27, 2024 14:41 IST

Veefin makes third acquisition this year with digital lending platform EpikIndifi for Rs 125 crore

EpikIndifi is the third acquisition for the company since June this year in its efforts to expand into an end-to-end…

September 17, 2024 06:00 IST

SJVN, Maharashtra government, MoU, pumped storage projects, investment

Banks unable to sustain lending relationships with MSMEs profitably: FICCI-IBA report

The report Banking for a Viksit Bharat said there is an opportunity for lenders to use data including bank statements,…

September 6, 2024 16:56 IST

Delayed payments: RBI DG asks banks to deploy ‘supportive measures’ for MSMEs

While the government has put statutory provisions which entail penalties for delayed payments by buyers, the deputy governor said MSMEs…

August 22, 2024 16:46 IST

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If alcohol is brought into the jurisdiction of GST, the states would lose autonomy over one of their most dependable tax sources.

Will alcohol get costlier after new GST rates? Govt clarifies

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First 25-bps CRR cut takes effect today

Policy32 min ago

RBI to cut cash reserve ratio by 25 bps, injecting Rs 60,000-70,000 crore into banks. Move will ease liquidity stress during busy season and allow for better management without disrupting other segments. Excess liquidity to be released by December through reverse repo auctions, improving bank margins.

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