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"PSB Manthan" begins on September 12, 2025,&nbsp;under the Finance Secretary's leadership, focusing on reforms and strategies for Public Sector Banks (PSBs).

Finance Ministry to hold two-day PSB Manthan for banking reforms

Punjab National Bank shares decline after Q1 FY26 business update despite strong YoY growth in deposits and advances — stock logs steepest fall since May.

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The gross non-performing assets of public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, Parliament was informed on Tuesday.

Gross NPAs of public sector banks at Rs 3.16 lakh crore, over 3% of outstanding loans

The minister also urged the PSBs to explore collaboration to leverage their respective strengths by sharing best practices in emerging areas and equip themselves to keep pace with changes in the banking sector.

Finance Minister Nirmala Sitharaman meets heads of PSBs, asks banks to undertake special drive to garner deposits 

Best PSU Bank Stocks To Buy in 2024, PNB Share Price Target, SBI Share Price Target: The Nifty PSU Bank Index has delivered 162 per cent returns since March 2022.

PSU Bank Stocks To Buy in 2024: From SBI to PNB - Check share price target 

The Nifty PSU Bank index hit a new high of 4,277.75 intraday trade, up 3 per cent. At around 02:45 PM, the index was up over 1 per cent to 4,201.55 as compared to a 0.50 per cent fall in the Nifty 50 index.

PSU Bank stocks firm in otherwise weak market; Morgan Stanley bullish on sector – Check target price of BoB, BoI, PNB, Canara Bank

The Reserve Bank of India has said that public sector banks reported over a 51 per cent fall in the amount involved in frauds to Rs 40,295.25 crore during the financial year 2021-22 (FY22).

Public sector banks' frauds down 51% to Rs 40,295 crore in FY22; number of cases declines YoY, says RBI

Public sector banks would need to increase their provisioning buffer factoring in the incremental provisioning requirement on restructured loans and potential NPAs, a report said.

Public sector banks need to step up provisioning to restructure Covid-hit loans

This is likely to provide the better-run NBFCs access to liquidity. The partial credit guarantee from the government would help NBFCs raise funds from PSBs, providing them urgently needed funding support .&nbsp;

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The government is looking at restructuring three relatively weaker public general insurers -- National Insurance Company, United India Insurance Company and Oriental India Insurance Company.&nbsp;

Govt may now recapitalise PSU insurers prior to next wave of restructuring

Prime Minister Modi on November 2, 2018 launched an MSME outreach initiative to provide access to credit, access to market, technology up-gradation, ease of doing business and a sense of security for employees of MSMEs.&nbsp; 
In order to consolidate gains of the outreach campaign, the government has decided to take the initiative further.&nbsp;

Credit availability to MSMEs: Govt asks heads of PSBs to do analysis of the progress

Steps have been taken by the Government to improve the conditions of banks under it's 4R strategy of recognising non performing asset (NPA), Finance&nbsp;Ministry said in a statement.&nbsp;

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The details in this regard are still being worked out and is likely to be discussed in a meeting of Union Finance Minister on June 20, said the Zee Business report.

Centre is likely to sell stakes in smaller public sector banks

Banks recovered close to Rs 55,000 crore from the NCLT resolution, the official said, adding "Compared to Rs 74,562 crore in 2017-18, the recovery in the previous financial year nearly doubled to Rs 1.2 lakh crore."

Stressed assets: Public sector banks recover Rs 1.2 lakh cr in FY19 under IBC

Depending upon the gravity of lapses, the minister said "minor penalty/ major penalty have been imposed against erring officials" and in all the cases, depending upon the amount involved, CBI and police complaints have been lodged.

Over 6,000 officers of PSBs held responsible for bad loans: Arun Jaitley

There are over 23,000 cases of fraud involving a chunk of above Rs 1 lakh crore, RBI told in an RTI query.

&nbsp;

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The panel, which includes former prime minister Manmohan Singh as a member, wanted to know the reasons of ever-greening of stressed accounts through restructuring schemes of the Reserve Bank of India.

Parliamentary panel questions RBI on failure to take preemptive action against bad loans

Relating to GDP growth, he said as per SBI research estimates, in the first quarter it was expected to be 7.7 per cent in the first quarter and 7.5 per cent for the full fiscal.

Sudden depreciation or appreciation of Rupee not good: SBI

PSBs did assist in creating much-needed infrastructure, but the question remains at what cost and whether there are better avenues to fund the infrastructure in the future. The non-performing assets (NPAs) that the PSBs hold from the infrastructure sector clearly&nbsp; point &nbsp;towards the need for alternative financing mechanisms.

PSBs should reduce exposure to infra sector - if not completely avoid it

psbs

"PSB Manthan" begins on September 12, 2025, under the Finance Secretary's leadership, focusing on reforms and strategies for Public Sector Banks (PSBs).

Punjab National Bank shares decline after Q1 FY26 business update despite strong YoY growth in deposits and advances — stock logs steepest fall since May.

The gross non-performing assets of public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, Parliament was informed on Tuesday.

The minister also urged the PSBs to explore collaboration to leverage their respective strengths by sharing best practices in emerging areas and equip themselves to keep pace with changes in the banking sector.

Best PSU Bank Stocks To Buy in 2024, PNB Share Price Target, SBI Share Price Target: The Nifty PSU Bank Index has delivered 162 per cent returns since March 2022.

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Finance Ministry to hold two-day PSB Manthan for banking reforms

PNB stock breaks 9-Day rally after Q1 numbers — Signal to book profits or buy the dip?

Gross NPAs of public sector banks at Rs 3.16 lakh crore, over 3% of outstanding loans

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PSU Bank stocks firm in otherwise weak market; Morgan Stanley bullish on sector – Check target price of BoB, BoI, PNB, Canara Bank

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BCCL IPO: Final day to bid! Issue subscribed over 60x so far, should you apply?

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