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Public Sector Banks
Public sector banks post robust Q3 profits
Bengaluru-headquartered Canara Bank said its net revenue jumped 26.9% year-on-year to Rs 3,656 crore, from Rs 2,923 crore in the same quarter last financial year, higher than street estimates.
24 January 2024, 21:58 IST
Public sector banks post robust Q3 profits
24 January 2024, 21:58 IST
Govt says 10 PSBs transferred NPAs of over Rs 11,617 cr to NARCL from Jan-Nov
As per details of the debt assigned to the NARCL by these 10 PSBs, as on November 30, SBI has transferred Rs 4,508 crore, followed by PNB, and Canara Bank at Rs 2,138 crore and Rs 1,858 crore, respectively.
12 December 2023, 11:30 IST
Govt says 10 PSBs transferred NPAs of over Rs 11,617 cr to NARCL from Jan-Nov
12 December 2023, 11:30 IST
Indian Bank unveils 'IB SAATHI' to enhance banking services
By March 2024, Indian Bank has planned to deploy about 5,000 banking correspondents and this is expected to bolster the bank's reach and accessibility.
16 September 2023, 07:19 IST
Indian Bank unveils 'IB SAATHI' to enhance banking services
16 September 2023, 07:19 IST
Centre considers expanding retirement age of PSU bank MDs, CEOs
This expansion of the retirement age could favour Dinesh Khara, the current SBI chairman, who is nearing 63.
27 August 2023, 09:14 IST
Centre considers expanding retirement age of PSU bank MDs, CEOs
27 August 2023, 09:14 IST
Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1
BoM has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current FY.
13 August 2023, 09:02 IST
Bank of Maharashtra tops PSU lenders chart in loan, deposit growth in Q1
13 August 2023, 09:02 IST
FM asks banks to ensure transparent recognition of NPAs
Sitharaman’s advice to PSBs comes amid release of data showing a significant improvement in asset quality.
06 July 2023, 17:19 IST
FM asks banks to ensure transparent recognition of NPAs
06 July 2023, 17:19 IST
FM Sitharaman to meet chiefs of PSBs on July 6
Sitharaman is likely to impress upon bankers to focus on the areas highlighted by the Budget, including credit flow to productive sectors.
05 July 2023, 08:50 IST
FM Sitharaman to meet chiefs of PSBs on July 6
05 July 2023, 08:50 IST
PSBs total profit crosses Rs 1 lakh cr-mark in FY23
These 12 PSBs witnessed 57% increase in total profit compared to Rs 66,539.98 crore earned in 2021-22
21 May 2023, 09:05 IST
PSBs total profit crosses Rs 1 lakh cr-mark in FY23
21 May 2023, 09:05 IST
Rupee trade arrangement to cut transactions cost: Goyal
Several banks, including HDFC Bank and UCO Bank, have opened special vostro accounts as of date to facilitate overseas trade in the rupee
13 April 2023, 17:42 IST
Rupee trade arrangement to cut transactions cost: Goyal
13 April 2023, 17:42 IST
RBI to set up portal to search for unclaimed deposits
About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks
06 April 2023, 09:07 IST
RBI to set up portal to search for unclaimed deposits
06 April 2023, 09:07 IST
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