Public Sector Banks
No proposal for mergers of public sector banks currently, says finance ministry
Consolidation of state-owned banks brought synergy due to increased scope of operations, and improvement in cost efficiency, the finance ministry said in Lok Sabha
1 min read23 Mar 2026Bank holidays next week: Gudhi Padwa, Eid-Ul-Fitr and weekend offs from March 16-22 — Check full RBI calendar here
Bank holidays next week, March 16-22: Banks across India will be closed for five days in the upcoming week, as per RBI's holiday list. Full list here.
2 min read15 Mar 2026RBI relaxes dividend rules for banks, keeps capital discipline intact
The most significant modification is about how bad loans are treated while calculating profits available for dividend distribution. In the draft proposal issued on 6 January, banks were required to deduct 100% of their net non-performing assets from profit to arrive at adjusted profit after tax.
3 min read10 Mar 2026India’s high credit-deposit ratio: Is the banking system overstretched or just efficient?
India’s credit-deposit ratio reached 81.75% by the end of 2025, driven by booming credit demand and shifting savings, though systemic stability remains strong.
4 min read3 Feb 2026Govt mulling proposal to raise FDI ceiling in public sector banks to 49%: DFS secretary Nagaraju
Department of financial services secretary M Nagaraju said the finance ministry was considering raising the FDI limit in PSBs to 49% and that inter-ministerial consultations were being held on the issue.
3 min read2 Feb 2026Nationwide bank strike today: Will SBI, PNB, BoB remain closed on 27 January? What services will be affected?
The nationwide bank strike on 27 January, called by UFBU, an umbrella body of nine unions representing officers and employees, is expected to hit public sector banks.
2 min read27 Jan 2026RBI dividend rule change may lift payouts from PSU banks
The new RBI guidelines allow banks to distribute up to 75% of their net profit, subject to meeting certain prudential conditions, including sustained profitability, asset quality thresholds and capital adequacy measured through CET-1 ratios.
4 min read16 Jan 2026Staff at your neighbourhood PSU bank is working harder than you think
Profit per employee, a key metric that tracks staff productivity, has risen sharply for public sector banks.
3 min read5 Jan 2026Vijay Mallya, Nirav Modi among 15 declared Fugitive Economic Offenders; owe ₹58,000 crore to PSBs: Govt in Parliament
The Union government has declared 15 individuals, including notorious businessmen Vijay Mallya and Nirav Modi, as Fugitive Economic Offenders, collectively owing ₹58,000 crore to public sector banks.
2 min read2 Dec 2025