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India's public sector banks have spearheaded a remarkable turnaround, driving the banking sector to record profits of Rs 3.71 ...
Nifty PSU Bank index, the top gainer among financial indices, was up 2.6 per cent, as compared to 0.25 per cent decline in ...
Indian banking profits soared to a record high in FY25, driven by public sector lenders' strong performance. PSBs witnessed a ...
The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, ...
Public sector banks (PSBs) accounted for the bulk of the losses, while private sector banks reported the highest number of ...
Public Sector Banks (PSBs) continued to bear the brunt of fraud-related losses. While they reported fewer frauds than private ...
Listed domestic banks posted Rs 94,228 crore profit in Q4 FY25, led by PSBs, while private lenders saw a dip. IndusInd Bank ...
While credit growth continued to remain in double-digit in FY25, public sector banks outpaced their private counterparts in ...
Attrition rates in IT Services may not rise further, while other growth drivers may persist. The brokerage lowered estimates ...
Of this, as much as Rs 25,667 crore worth of frauds were reported by public sector banks, a big rise from Rs 9,254 crore a ...
The RBI's data covers fraud cases involving Rs 1 lakh and above. It also noted that many of the frauds reported in a given year may have occurred in earlier years ...
A key challenge lies in the higher cost of funds. Several PSBs, especially the smaller ones, have raised bulk deposits at ...