Sun, Mar 24, 2024
In the first three quarters of the current financial year, all 12 PSBs earned a total profit of Rs 98,000 crore, only Rs 7,000 crore less than the entire FY23. PSBs earned the highest-ever aggregate net profit of Rs 1.05 lakh crore during FY23 compared to Rs 66,539.98 crore earned in 2021-22.
More >
Tue, Feb 27, 2024
Considering PSBs’ valuation history, their trading multiples may look constrained now; however, the quality of earnings, growth outlook, and broader re-rating in public sector enterprises (PSEs) will enable steady performance for the sector, the brokerage added.
Tue, Dec 26, 2023
FM's meeting with public sector bankers on 30th December, what will be the important issues of this meeting...? Know complete details in this video.....
Tue, Aug 30, 2016
Public sector lender, Dena Bank announced on Monday that it is looking to raise Rs 1,100 crore from Basel lll Compliant Tier ll Bonds in one or more tranches and instruments.
Fri, Jul 22, 2016
Out of Rs 22,915 crore infused, the government allocated Rs 7575 crore to State Bank of India.
Mon, Jul 18, 2016
30 lakh people have enrolled in the Atal Pension Yojana (APY) so far. Moreover, the Government said that nearly 5000 people are subscribing to the pension plan every day.
Thu, Jul 14, 2016
India Ratings believe that these banks need more capital. It, however, also said the banks can be given this extra cash by way of Additional Tier 1 bonds.
Mon, Jun 06, 2016
Jaitley further said, "Banks should be empowered and protected so that they can reach settlements on bad loans."
The S&P BSE Banex was up 0.23% at 9:45 am as against the broader market’s gain of 0.06%.
Wed, Jun 01, 2016
In 2015, Christians and Sikhs got Rs 57,902 crore and 63, 625 crore worth of loans and commanded 21.47% and 23.60% share as against Rs 52, 662 crore (21.87%) and Rs 59, 200 crore (24.58%) in 2014, respectively.
Tue, Apr 26, 2016
The guiding principle for the consolidation process of banking in India has so far been the Narasimham Committee.
The apex court also directed that the details of assets owned by Mallya's family members also be made available to banks
Mon, Apr 25, 2016
They could see negative pressure on their credit profile if the government does not revise upwards its capital infusion plans, said the Moody's report
Mon, Apr 11, 2016
On the Kingfisher Airlines' default, Rajan said it is important to learn from mistakes and move on.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.