Good news for bank customers! Several major public sector banks in India have scrapped the requirement to maintain an Average ...

Despite a broader deceleration in bank credit, public sector banks (PSBs) have expanded their share of home loan originations ...

Public sector banks (PSBs) are likely to demonstrate stronger earnings resilience in Q1 FY26, supported by relatively milder margin compression and higher treasury gains, according to a report on ...

Financial Services department has authorized a stake sale in Life Insurance Corporation (LIC) through OFS, the senior ...

A mid-sized public sector bank recently declined a loan request from a large non-banking financial company (NBFC) facing ...

The Insolvency and Bankruptcy Code (IBC) is facing renewed scrutiny after the Supreme Court struck down JSW Steel’s ...

Public sector banks will recruit about 50,000 manpower during the ongoing financial year to meet their growing business ...

Of the 12 public sector banks, SBI to employ close to 20,000 including specialised officers in the financial year.

PSBs are in talks with the Finance Ministry to reconsider their stance of mandating customers to maintain a minimum balance ...

Public sector banks in India are rethinking the mandatory minimum balance requirement for savings accounts. Several major ...

The report observes that systemic deposit growth is accelerating, leading to a more balanced credit-to-deposit ratio.

Public sector banks' (PSBs) gross non-performing assets (NPAs) from credit cards rose to 14.3% in March 2025, compared to ...