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A review of data from 12 leading PSU banks reveals that most lenders have reported their lowest or near-lowest slippage level in over a year, with some hitting multi-year lows.
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In Q1FY26, the Indian rupee depreciated by 2.03 percent against the US dollar, creating favourable conditions for forex trading gains.
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Private lenders have been totally absent from hybrid bond issuances in FY25. Despite favorable conditions for Tier-2 debt, these banks chose to rely on internal accruals and equity-driven capital planning.
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According to data compiled by Moneycontrol, yield on advances for PSU banks dropped by 15–71 basis points (bps), significantly more than the 12–30 bps reduction observed for private banks.
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The bulletin added that activity in the money market had risen significantly in recent years, with the collateralised segment, led by the tri-party repo, dominating in terms of transaction volume.
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Of the total CD issued in June, share of Bank of Baroda, Canara Bank, Punjab National Bank, Union Bank of India, HDFC Bank, and Axis Bank, remained 76.2 percent.
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Bank of Maharashtra has the highest number of 8 vacant posts, followed by 7 each in Bank of India, Punjab & Sind Bank, and State Bank of India. Union Bank of India has the MD & CEO position vacant since June 3, 2025.
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The Odisha government recently removed HDFC Bank, ICICI Bank, and Axis Bank from the list of banks empanelled for handling business and deposits of state government. Punjab made a similar moves a few weeks ago
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An official with a large PSU bank said the lender has stepped up cybersecurity and asked employees to not click any unauthorised links and report it to the IT department
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In the July-September quarter, private banks reported better net interest income and margins, as compared to their state-owned peers because of higher impact felt by the latter due to penal charges norms of the RBI, which were implemented earlier this year.
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India is considering raising the retirement age for chairmen and managing directors of state-owned banks, which control over 60% of the banking system’s assets, a government official said on Saturday.
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Government will finalise the second and final tranche of capital infusion for public sector banks (PSBs) for 2016-17 once all of them have declared results for the third quarter of the current financial year, a senior Finance Ministry official said.
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China's big state-owned banks are poised to modestly accelerate profit growth and see a steady recovery in their shares in 2017 as interest margins stabilize and government policies help ease the pace of formation of new bad loans.
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State-owned banks looking forward to the next round of capital infusion will need to fulfill a new set of criteria, including credit recovery, as the Finance Ministry has revised the recapitalisation norms.
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All of China's "Big Four" state-owned banks reported mounting bad loans in the first half of the year, statements showed, as the world's second-largest economy faces souring debt amid slowing growth.
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The Bureau is likely to be a six-member board comprising former CMDs of banks and financial services sector experts. There are 22 state-owned banks in India including SBI, IDBI Bank and Bhartiya Mahila Bank.
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Ratio of stressed assets rose to around 10 percent in the first quarter of this fiscal. Earlier, the rating agency had said it expects the bad loans of banking sector to peak by FY16.
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The government should consider diluting its ownership in state-owned banks to reduce the country's financial burden and push for consolidation, while boosting the number of private lenders, the Reserve Bank of India said in a discussion paper on Tuesday.
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The shrill Cobrapost bite, this time mostly on large state-owned banks and insurance companies, failed to upset the market confidence on banking shares. The latest sting operation turned out to be a non-event that did not lead to panic-selling by investors on Monday. Bank Nifty was flat to close the day's trading at 12,396.
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The ministry of finance has shortlisted around 21 bank general managers (GMs) to fill up vacancies for executive directors in six state-owned banks. A special panel interviewed around 35 such bankers on February 12 and 13. However, the final approval from the finance minister – P Chidambaram is still awaiting, sources told moneycontrol.com.
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The ministry of finance is set to fill up vacancies for the top job of nine individual state-owned lenders in 2013-14. It interviewed 18 executive directors of different banks on February 11. A batch of around 10 bankers has been shortlisted, sources in the banking industry told moneycontrol.com.
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Non-performing assets of state-owned banks have increased marginally to 2.31% as on March 2011, over the previous fiscal, Parliament was informed today.
