Tag: public sector banks

Foreign institutional investors (FIIs) quietly lifted their stakes in most state-run lenders during the September 2025 quarter, signaling renewed confidence in India’s public banking sector. The incremental buying, spread across nearly every major PSU bank,...
New Delhi: India is looking at ways to bolster foreign direct investment (FDI) and foreign institutional investment (FII), commerce and industry minister Piyush Goyal said Friday. He also said India's FY26 export growth is expected...

Govt appoints merchant bankers, legal firms for managing stake sales in LIC, PSBs, other fin institutions

The government has appointed merchant bankers and legal advisors for minority stake sales in LIC and other public sector financial institutions, Department of...

Public sector banks slashed key rates more than private ones: RBI Monthly Bulletin

Following the central bank's decision to cut the key repo rate by 100 basis points since February 2025, public sector banks have reduced...

Private sector banks report pressure on profits in Q3 amid higher provisioning, NIM pressure

The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid slowing growth in...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

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