PSU Banks News
PSU stock Bank of Baroda declares date to announce Q1 results 2025. Details here
BoB Q1 results date: The PSU stock in an exchange filing said that its board will meet next week on July 25 to approve the earnings for the first quarter of the financial year 2025-26 (Q1 FY26).
1 min read17 Jul 2025Union Bank of India: Value investors may still find appeal despite slacking growth
Notwithstanding the soft June quarter update, Union Bank of India, like other top PSU banks, remains a deep value stock.
3 min read10 Jul 2025Union Bank of India share price crashes 6% after Q1 business update
Union Bank of India's shares dropped 6% to ₹141.54 on July 09, after a Q1FY26 update revealed a QoQ decline in deposits and loan growth. Gross advances fell 0.85% QoQ, while deposits decreased 2.54% QoQ, though both showed YoY improvements.
2 min read9 Jul 2025Public sector banks may scrap minimum balance fines: These PSU banks have waived the penalty
PSBs are in talks with the Finance Ministry to reconsider their stance of mandating customers to maintain a minimum balance in their savings deposit accounts amid the falling share of CASA deposits in the banks.
2 min read7 Jul 2025Indian Overseas Bank, Punjab & Sind Bank, other PSU bank stocks rally up to 4% on report of accelerated govt stake sale
The government plans to accelerate the disinvestment process in public sector banks, with the appointment of merchant bankers in the final stages, a report said. The proposed stake sale will involve UCO Bank, Bank of Maharashtra, Indian Overseas Bank, Central Bank of India, and Punjab & Sind Bank.
1 min read17 Jun 2025City Union Bank to Moil - Vinay Rajani of HDFC Sec suggests these 3 stocks to buy in the near-term
Stocks to buy: Vinay Rajani of HDFC Securities recommends these three stocks in the near term - ICICI Prudential Nifty India Consumption ETF, City Union Bank, and Moil.
4 min read26 May 2025SBI fuels PSU Banks’ profit surge to record ₹1.78 lakh crore in FY25; contributes 40% alone
SBI posted a consolidated net profit of ₹77,561 crore (approximately $9.2 billion) in FY25. According to Bloomberg data, this places SBI among the world’s most profitable companies, alongside global giants such as Alphabet, Apple, NVIDIA, and JPMorgan Chase.
2 min read23 May 2025This PSU bank stock delivers 16% return in just 7 sessions, trades at 5-month high. Are you holding?
Canara Bank's share price fell 0.48% to ₹105.16, ending a six-day rally. Despite this, the stock gained 16% over seven sessions, buoyed by strong March quarter results. Analysts remain optimistic, citing the bank's ability to maintain steady margins despite near-term headwinds.
2 min read15 May 2025Bank of Maharashtra rebounds 20% from 52-week low after strong Q4 business update
Bank of Maharashtra shares surged 20% after a strong Q4 FY25 business update, reporting a 15.33% increase in total business to ₹5,47,159 crore. Deposits and advances showed solid growth, boosting investor confidence despite the stock's previous losses over the year.
2 min read8 Apr 2025UBS sees upside in PSU Banks, upgrades SBI and Bank of Baroda on growth and valuation comfort
UBS has upgraded State Bank of India to 'Neutral' and Bank of Baroda to 'Buy', citing improved growth prospects due to potential RBI rate cuts. SBI's strong liquidity and stable asset quality are positives, while BoB's attractive valuations and credit growth make it a compelling investment.
2 min read7 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared