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NET PROFIT OF PSBS
India plans central back office for rural banks amid rising AI risksThe Indian government is set to revolutionize the landscape for Regional Rural Banks with the introduction of a central tech hub dedicated ...15 May, 2026, 12.17 AM IST- RBI likely to pay record dividend to govt this yearThe Reserve Bank of India is set to transfer its highest-ever dividend to the central government. This substantial payout will offer the Ce...13 May, 2026, 01.47 PM IST
- State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMinPublic Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong ...12 May, 2026, 04.31 PM IST
- SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...28 Apr, 2026, 12.41 AM IST
- Finance Ministry asks PSBs to complete wage revision process in next 12 monthsPublic sector banks must begin wage revision talks for employees and officers. Negotiations for the 13th Bi-partite settlement are to be fi...26 Apr, 2026, 01.23 PM IST
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.20 Apr, 2026, 07.53 PM IST
- Public sector banks still ahead of private peers in credit growthPublic sector banks (PSBs) outpaced private lenders in credit growth during the December quarter of FY26, with loan growth ranging from 17-...12 Mar, 2026, 12.50 AM IST
- Finance Ministry defers review meeting with heads of public sector banks to March 5The finance ministry has moved its performance review meeting with PSB heads to March 5. The meeting will assess financial performance and ...25 Feb, 2025, 09.06 PM IST
- Finmin to meet heads of public sector banks on March 4, to review financial performanceThe finance ministry has scheduled a meeting for March 4 to review the financial performance of public sector banks (PSBs) and progress on ...20 Feb, 2025, 08.22 PM IST
- PSBs told to create standardised training norms for new recruitsThe government has directed state-run banks to create a standardised induction programme for new recruits across all cadres, focusing on tr...10 Feb, 2025, 11.33 PM IST
- State-owned banks post record profit of Rs 1.29 lakh crore in April-December periodPublic sector banks (PSBs) have achieved their highest-ever net profit of Rs 1.29 lakh crore in the April-December period of the current fi...06 Feb, 2025, 09.34 PM IST
- Lenders show sustained profit growth amid fall in NIM pressureThe extent of net profit has improved significantly over the past few quarters. The sample's net profit in the latest quarter was two-and-a...26 Dec, 2024, 05.30 AM IST
- PSU banks' profit jumps 65 pc in Q3; BoM tops chart with 139 pc surgeThe Mumbai-based Union Bank of India witnessed a 107 per cent rise in net profit at Rs 2,245 crore, while Chennai-based Indian Bank reporte...12 Feb, 2023, 12.01 PM IST
- Govt unlikely to announce capital infusion for PSU banks in Budget 2022-23Finance Minister Nirmala Sitharaman is expected to present the fourth budget of the Modi 2.0 government on February 1. It is to be noted th...12 Dec, 2021, 11.11 AM IST
- PSBs may post profit of Rs 23,000-37,000 cr in FY20GNPAs and NNPAs of PSBs are likely to decline to 8.1-8.4 percent and 3.5-3.6 percent by March 2020.14 Mar, 2019, 09.37 PM IST
- Pvt banks defeat PSBs on profit chartNet profit of listed private banks stood at 38,022 crore in 2014-15 compared with 37,520 for public sector banks (PSBs).24 Jun, 2015, 12.06 PM IST
- PSU banks line up interim dividendsThe top-20 PSUs, by cash holding, will have an estimated pre-dividend corpus of around Rs1.6 lakh crore by March 31, 2014.10 Jan, 2014, 12.28 PM IST
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