Public Sector Banks News
Centre targets ₹20,000-25,000 crore dividend from public sector banks in FY25
The projected inflow from public sector banks will strengthen non-tax revenue and support the government’s fiscal consolidation efforts.
4 min read05:30 AM ISTHow red tape is costing public sector bank employees crores in NPS savings
Most PSBs have restricted their employees from choosing any pension fund under the NPS but SBI Pension Funds that has delivered the least returns over multiple time periods.
4 min read13 May 2025PNB Q4 results: Board declares dividend of ₹2.90 per share. Details here
Punjab National Bank declared a dividend of ₹2.90 per equity share, representing 145% of the face value of ₹2, coinciding with its March quarter results that met market expectations.
2 min read7 May 2025Canara Bank sets board meeting date to declare Q4 results 2025, dividend. Details here
Canara Bank will announce its financial results for Q4 and FY 2024-25 on May 8, 2025. The meeting will also consider a potential dividend payout, subject to shareholder approval. The trading window for certain individuals is closed until 48 hours post-results declaration.
1 min read25 Apr 2025Centre to meet required shareholding norms for Bank of Maharashtra via QIP route in FY26
Similar plans are in place for other PSBs, but meeting the shareholding norms may take some time for them
2 min read21 Apr 2025InCred prefers private banks over PSBs amid margin pressure; here are its top tactical stock picks
InCred Equities anticipates a moderation in profitability for state-owned banks due to margin pressure and fading non-core income. It favors Punjab National Bank and Canara Bank for their liquidity, while preferring large private banks overall for stronger fundamentals.
3 min read11 Apr 2025Bank strike: Banking services likely to be hit on THESE days next week — all you need to know
Banking services in India are set to be affected as workers' unions call for a strike next week. The operations of public, private and regional rural banks may be disrupted for up to four days.
2 min read21 Mar 2025Motilal Oswal prefers private banks over public sector lenders. Here's why
FY25 was challenging for the BFSI sector, with modest returns. MOSL prefers private banks over public ones, anticipating better performance due to stronger balance sheets and earnings recovery potential. Despite pressures, PVBs are expected to outpace PSBs in earnings growth through FY27.
4 min read20 Mar 2025FinMin's first review meeting with PSB heads post-Union Budget deferred to March 5
The finance ministry had said in an earlier statement that PSBs' better asset quality is visible from a significantly low net NPA ratio of 0.59 per cent (aggregate net NPA outstanding of ₹61,252 crore).
1 min read25 Feb 2025Bank holiday tomorrow: Are banks open or closed on February 26 on account of Mahashivratri?
Bank holiday tomorrow: Banks in several states and cities will remain closed for services on Wednesday, February 26, 2025, on account of Mahashivratri to honour Lord Shiva.
2 min read25 Feb 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