Public Sector Banks Archives

High-level committee will soon be formed for banking reforms: Finance Minister said- NPA of banks is at the lowest level, focus on the goal of developed India.

Hindi News Business Finance Minister Nirmala Sitharaman On PSB Confluence 2026 | Banking Reform New Delhi1 hour ago copy link The government will soon announce its high-level committee for reforms in the banking sector. Finance Minister Nirmala Sitharaman made this announcement on the first day of the two-day PSB Confluence 2026 held in New Delhi…

High-level committee will soon be formed for banking reforms: Finance Minister said- Banks have the lowest NPA, right time for reforms.

DainikNews Live Admin1 day ago05 mins

Hindi News Business Finance Minister Nirmala Sitharaman On PSB Confluence 2026 | Banking Reform New Delhi5 minutes ago copy link The government will soon announce the members and composition of its high-level committee for the banking sector. Finance Minister Nirmala Sitharaman made this announcement on the first day of the two-day ‘PSB Confluence 2026’ held…

DIGIDHAN Mission Drives 41% CAGR As Digital Payments Hit 22,831 Crore In FY25, Says Govt

DainikNews Live Admin7 months ago04 mins

Last Updated:January 10, 2026, 3:13 pm IST FY25 saw SCBs net profit hit Rs 4.01 lakh crore and PSBs Rs 1.78 lakh crore. GNPA ratios fell, buffers improved, and digital payments surged to 22,831 crore transactions. Financial inclusion remains a priority through schemes like PMJDY, PMJJBY, PMSBY, MUDRA and Atal Pension Yojana, extending banking, insurance…

Public Sector Banks Post Record Rs 44,218 Crore Profit In Q1 FY26, SBI Leads

DainikNews Live Admin1 year ago03 mins

New Delhi: Public sector banks (PSBs) in India recorded their highest-ever combined quarterly profit of Rs 44,218 crore in Q1 FY26, reflecting a robust 11 per cent year-on-year growth. The State Bank of India (SBI) was the main driver of the impressive performance, accounting for nearly 43 per cent of the total earnings. The 12…

PSBs In India Clock Record Rs 1.41 Lakh Crore In Net Profit In FY24

DainikNews Live Admin2 years ago03 mins

New Delhi: Public Sector Banks (PSBs) in India registered their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said on Sunday. The gross non-performing assets (GNPA) ratio steeply declined, dropping to 3.12 per cent in September 2024. Demonstrating continued momentum, they registered a net profit…

“Insult To Citizens”: N Sitharaman On Rahul Gandhi’s Public Bank Remarks

DainikNews Live Admin2 years ago05 mins

Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a “misrepresentation of facts” and an “insult to the hardworking employees and to the citizens” who benefit from a cleaner, stronger banking system. Banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under the leadership of…