PNB reports Rs 2,434 crore borrowal fraud linked to former SREI promoters to RBI
State-owned Punjab National Bank (PNB) on Friday said it has reported a borrowal fraud of Rs 2,434 crore to the ...
Tag: public sector banks
Canara Bank, other PSU bank stocks rally up to 3% amid govt’s consideration to raise foreign investment limit
Shares of public sector banks rallied on the NSE on Wednesday, with several counters gaining up to 3% as of ...
HDFC Bank, ICICI Bank poised for strong FY27 earnings, Says Motilal Oswal’s Khemka
India’s banking industry is at an inflection point, with public sector banks (PSBs) reversing a decade-long decline in market share, ...
Private sector banks report pressure on profits in Q3 amid higher provisioning, NIM pressure
The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid ...
NPA provisioning moderates in Q2 driven by PSU banks
Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison ...
WACR 18 bps higher than repo rate despite surplus liquidity
Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis ...
Profit of PSU banks more than doubles to Rs 34,774 cr in Q1
Public sector banks (PSBs) have once again posted stellar performance by registering more than double profit of Rs 34,774 crore ...
