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PUBLIC SECTOR BANK
Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hitBank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quali...- Punjab & Sind Bank hopes to surpass Rs 1,000 crore recovery target in FY27Punjab & Sind Bank anticipates exceeding its recovery target for the current fiscal year. The bank is actively reducing non-performing asse...
- Foreign banks show strongest rate transmission in current RBI easing cycle: BulletinForeign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...
- Borrowing costs in bond market may rise as upside risks to India's 10-year bond yield persist: BoB ReportExpect an uptick in borrowing costs within India's bond market as uncertainties loom large. The 10-year government bond yield remains under...
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
- India's renewable energy installed capacity reaches 288.58 GW from 76.38 GW in 2014: Shripad NaikRenewable energy capacity grew significantly from 2014 to 2026. Solar and wind power form the largest portions of this installed capacity. ...
- Privatise all CPSEs; bring oil, gas, alcohol under GST: US think tank wishlist for IndiaA US think tank proposed thirty reforms to boost India's economic growth. These suggestions include a ten-year plan for privatizing all CPS...
- Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...
- Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
- ICICI Bank shares rise 3% after Q1 results. Why Bernstein and 4 other brokerages see up to 32% upsideICICI Bank shares rose 3% after the lender reported strong Q1FY27 results, with net profit growing 15.9% and net interest income rising 12....
- SBI Capital Markets, HDFC Bank among 4 book runners appointed for NLC India Renewables IPONLC India Renewables has engaged four investment banks to facilitate its much-anticipated initial public offering. This IPO is designed to ...
- An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
- HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairmanHDFC Bank received RBI approval for Rajiv Kumar's appointment as part-time chairman. His three-year term as chairman will begin on July 15,...
- Insurance distribution boosts fee income at most public sector banks in FY26Public sector banks earned higher insurance commissions in FY26, with most lenders reporting growth. Mutual fund distribution income showed...
- Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
- FCNR inflows may reduce banks' reliance on CD market in Q2 FY27: ReportForeign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certi...
- FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
- The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
- Private banks may lead PSU peers in Q1 PAT show amid macro pressuresPrivate banks are expected to show stronger profit growth than public sector banks this quarter. Analysts predict private lenders' profits ...
- Private banks write off nearly half of NPAs in FY26, outpace PSBsPrivate banks significantly reduced bad loans by writing off nearly half of their exposure. This cleansing effort primarily targeted unsecu...
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