#public-sector-banks
5 public sector banks post 15-25% credit growth in Q2FY27
Public sector banks report 15-25 per cent credit growth in Q2 of FY27, while deposit growth ranges from 7 per cent to 14 per cent.
Bank strike reason: Why are employees going on a from September 28 and threatening indefinite strike from October 26?
Bank strike demands: Public sector bank employees are scheduled to go on strike from September 28 to 30. The demands include implementing a five-day working week among other benefits. The United Forum of Bank Unions represents the majority of banking workforc…
Public sector bank services likely to be hit by Friday strike
Public sector bank services may be impacted by the September 11 strike as unions press for five-day banking, pension updates and other pending demands.
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26
Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 crore during the same financial year. HDFC and Axis Banks led private sector collections for these account charges. No pe…
Private banks collect ₹4,949 crore in minimum balance penalties in FY26, more than double of PSBs
Data shows private lenders collected ₹4,948.71 crore in minimum balance penalties, while most public sector banks have scrapped such charges on savings accounts.
HDFC Bank, Axis Bank, ICICI Bank collected more than all 12 PSBs for not maintaining minimum avg balance
HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.
Canara Bank, Bank of Baroda, Indian Bank pay Rs 7,023 cr dividend to govt for FY26
Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the government for the 2025-26 fiscal year. Canara Bank contributed Rs 2,397 crore, BoB Rs 2,811 crore, and Indian Bank Rs 1,815.05 …
Highest 555-day FD interest rates: Check list of banks offering up to 7.25% rate on special fixed deposit
Many public and private sector banks offer the 555-day special fixed deposit (FD) scheme. It is one of the popular special FD tenures where many banks offer higher interest rates compared to FDs of nearly or slightly higher tenures. Banks such as Bank of Baro…
Banking panel to tackle PSUs' balance sheet constraints, boost capital use: DFS Secretary M Nagaraju
A new committee will examine public sector banks' capital needs. India aims to boost its corporate bond market, allowing more companies access to funds. This initiative seeks to ensure capital reaches all borrowers, including small businesses and farmers, at …