Net interest income was up by 23.1 per cent to Rs 758 crore, from Rs 616 crore.

According to CAG, the finance ministry had stated that bank recapitalisation was not fiscally neutral but cash neutral, as issue of securit...

Whereas the bank reported gross non-performing assets (NPAs) at Rs 9,334 crore, the Reserve Bank assessed it at Rs 9,363 crore, thus leadin...

The minister announced the decision during the release of the EASE 2.0 Index rankings on PSB performance from March 2018-2020, an official ...

The recap bonds is a tried and tested instrument which has helped the banks in the past.

Total income declined to Rs 2,077.01 crore from Rs 2,337.13 crore.

The Economic Survey 2019-20 suggests the creation of GSTN like entity called PSB Network, use of Machine Learning and Artificial Intelligen...

Tata Steel completed the acquisition of controlling stake of 72.65 per cent in Bhushan Steel for around Rs 36,400 crore after emerging as t...

Of the 21 PSBs, 11 are under the Prompt Corrective Action plan of RBI. After the Nirav Modi scam, five more banks are at risk of being incl...

The current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...

Total income of the state-owned lender fell by 4.33 per cent to Rs 2,203.74 crore in the second quarter from Rs 2,303.69 crore.

As per newspaper reports, out of the required fresh capital of Rs.1,80,000 crore for recapitalizing PSBs, government would have to provide ...

Punjab & Sind Bank (PSB) today said its net profit for the first quarter of 2015-16 more than doubled to Rs 43.16 crore from a year ago.

Punjab & Sind Bank (PSB) today reported 33 per cent dip in net profit at Rs 91.63 crore for the third quarter ended December 31, 2011, due ...

Deposits rose 14.5 per cent to Rs 60,635.41 crore by end September, while advances jumped 17.9 per cent to Rs 35895.97 crore.

The IPO proceeds will be utilised for business expansion, as well as the bank's credit growth requirement over the next two to three years.

State-owned Punjab and Sind Bank (PSB) on Friday reported a net profit that doubled to Rs 218.5 crore in 2006-07.