Public sector banks

Bank credit rises over 7 pc in FY26 led by retail lending
Business

Bank credit rises over 7 pc in FY26 led by retail lending

Bank credit growth in India remained resilient, as gross banking credit (GBC) rose 7 per cent to Rs 1,95,273 billion…
No proposal for merger or disinvestment of public sector banks: Govt
News

No proposal for merger or disinvestment of public sector banks: Govt

No proposal on merger or disinvestment of public sector banks (PSBs) is under consideration of the government at the moment,…
Finance Ministry to hold meeting with bank chiefs on credit flow to MSMEs
News

Finance Ministry to hold meeting with bank chiefs on credit flow to MSMEs

The Finance Ministry is set to hold a review meeting on Monday with public sector banks (PSBs) to assess the…
FM Sitharaman to meet PSU bank chiefs on June 27 to review performance, boost lending
News

FM Sitharaman to meet PSU bank chiefs on June 27 to review performance, boost lending

Following a sharp interest rate cut by the Reserve Bank of India (RBI), Finance Minister Nirmala Sitharaman will meet the…
Public sector banks post record 31.3 pc surge in net profit in April-December
Business

Public sector banks post record 31.3 pc surge in net profit in April-December

Public sector banks have shown a significant improvement in key financial parameters during the first three quarters (April-December) of the…
India’s public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25
Business

India’s public sector banks clocks 11 pc growth at Rs 236 lakh crore in April-Sep FY25

Public sector banks (PSBs) showed strong performance in the first half of current fiscal (FY25) with 11 per cent annual…
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