You Searched For "Public Sector Banks"
From doom to boom: PSBs on journey towards Rs.1L cr profit
They have travelled a long distance since 2017 when they posted a net loss of Rs85,390 cr to a profit of Rs66,539 cr in FY22
Windfall gains on bond portfolios
PSBs booked profits of Rs 31,600 crore due to gains on bond portfolio compared to overall profit before tax (PBT) of Rs 45,900 crore in FY21. The...
Centre may front load capital provisioning for PSBs
This would be a departure from the practice of previous year when bank capitalisation was undertaken late in the year and towards the end of fiscal
Govt may discontinue with zero-coupon bond route to recap PSU banks
Would resort back to recapitalisation bonds bearing a coupon rate for capital infusion in these banks
Nationwide strike hits bank operations
Bank strike continued for day-two on Tuesday, led by nine unions of public sector banks (PSBs) in the country, opposing government's policy to...
PSU bank staff protest Strike impacts banking services
Banking services such as cash withdrawals, deposits, cheque clearing and business transactions were impacted
PSBs' bad loans likely to moderate: Morgan Stanley
The balance sheets of public-sector banks (PSBs) in India have improved and bad loan formation should moderate going forward, said a report by Morgan...
'Economic recovery reduces risk of sharp deterioration in PSBs' asset...
India's 2021 economic recovery reduces the likelihood of a sharp deterioration in asset quality at the country's public sector banks, said Moody's...