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PSB PROFITABILITY GROWTH
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- 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
- FinMin for creation of two globally competitive banks as part of Viksit Bharat visionIndia is set to elevate its banking sector. The nation envisions two of its banks among the world's top 20 by 2047. This ambition was discu...12 Sep, 2025, 09.13 PM IST
- PSU banks, led by SBI, log Rs 44,218 crore profit in Q1, up 11% YoYPublic sector banks in India, led by SBI, achieved a record collective profit of Rs 44,218 crore in the first quarter, marking an 11% year-...08 Aug, 2025, 05.05 PM IST
- PSU bank stocks crack up to 34% in the past one year. Is it time to exit?PSU bank stocks have fallen up to 34% in a year, facing deposit market share loss, weak margins, and competition from private banks. Despit...25 Feb, 2025, 07.09 PM IST
- 3 reasons why BofA thinks the turnaround in PSU bank stocks is here to stay"We see BOB continuing to lead the PSB turnaround story beyond State Bank of India (SBI) on a more diversified/safer book and a more advanc...17 Nov, 2022, 12.26 PM IST
- Banks need to adopt customer-centric approach: Finance MinisterSpeaking at the event virtually attended by heads of public sector banks (PSBs), Financial Services Secretary Sanjay Malhotra said all PSBs...08 Jun, 2022, 10.35 PM IST
- Punjab & Sind Bank Q3 Results: Lender reports net profit of Rs 301 crNet interest income was up by 23.1 per cent to Rs 758 crore, from Rs 616 crore.07 Feb, 2022, 03.22 PM IST
- Banking on ESOPs: Just do it and get paid for itPublic sector bank employees are paid fixed salaries, which, according to the survey, does not encourage risk-taking and innovation. Althou...01 Feb, 2020, 08.02 AM IST
- Privatisation: A bad solution for India’s banking problemsThe current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...16 Feb, 2018, 07.52 AM IST
- Hiring rate at PSBs fallingThe gap between private and public sector staff base has narrowed during the period; the ratio of PSB staff to that of private banks employ...07 Jul, 2016, 06.08 AM IST
- The diet public sector banks need to get onOne of the key issues facing the Indian banking sector is the rapidly declining profitability of public sector banks (PSB).27 Dec, 2013, 05.28 AM IST
- Punjab & Sind Bank raises Rs 300 cr from bondsState-owned Punjab & Sind Bank (PSB) today raised Rs 300 crore from bonds to fund business growth.21 Jun, 2011, 03.33 PM IST
- Punjab & Sind Bank Q3 profit up 8.6 pc at Rs 135.3 crThe IPO proceeds will be utilised for business expansion, as well as the bank's credit growth requirement over the next two to three years.21 Jan, 2011, 09.15 PM IST
- 'Subscribe' to attractively priced Punjab & Sind IPO: EdelweissEdelweiss has recommended investors to ‘Subscribe’ to initial public offering of Punjab& Sind (PSB) that opened Monday.13 Dec, 2010, 04.27 PM IST
- Punjab & Sind Bank to raise Rs 480 cr, to be listed by Dec-endPunjab & Sind Bank (PSB) would be listed on bourses by the end of this month and is likely to raise Rs 480 crore through its initial public...10 Dec, 2010, 07.08 PM IST
- Punjab and Sind net doubles to Rs 219 crState-owned Punjab and Sind Bank (PSB) on Friday reported a net profit that doubled to Rs 218.5 crore in 2006-07.02 Jun, 2007, 02.03 AM IST
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