Public Sector Banks News

A nationwide banking strike disrupted services as employees demanded a five-day workweek and improved pension benefits, leading to significant closures in publi

Banking services across India have been impacted as employees and officers of public sector banks are observing a nationwide strike to demand a 5-day workweek.

A nationwide bank strike disrupted services at public sector banks as unions demanded a five-day workweek and resolution of wage and pension issues, impacting b

Loan loss provisioning by banks has decreased for the second consecutive quarter, driven by improved asset quality and reduced fresh slippages. Public sector ba

Public sector bank employees have announced a series of nationwide strikes, including on September 11, September 28-30, and an indefinite strike from October 26

The government has put the PLI Scheme for Whole Time Directors and Senior Executives of Public Sector Banks on hold, a decision that the AIBOC has hailed as a v

The government has put on hold performance-linked pay for public sector bank executives following strong opposition and a strike call from bank unions. Unions h

The Economic Advisory Council to the Prime Minister has suggested consolidating Indian banks into larger, equally sized entities to support economic growth and

A report indicates that Public Sector Banks (PSBs) are losing market share in high-value business segments, including credit cards and contracts from Global Cap

सार्वजनिक क्षेत्र के बैंकों द्वारा खराब ऋणों को बट्टे खाते में डालना कम हो गया है, जबकि वसूली में वृद्धि हुई है, जैसा कि वित्त मंत्रालय द्वारा संसद में दिए गए द

The government plans to engage with state-owned banks to attract foreign investment, aiming to stabilize the rupee and reduce the current-account deficit. Discu

An analysis by The Hindu reveals that debit card maintenance charges levied by public sector banks have increased by nearly 90% over the past five years, leadin

Banks collected approximately Rs 7,100 crore in minimum balance penalties during FY26, with private banks accounting for Rs 4,948 crore of this amount. HDFC Ban

Government data reveals that banks collected over ₹26,170 crore in minimum balance penalties from customers between FY23 and FY26, with private lenders continui

The government announced that bad debt levels in Public Sector Banks (PSBs) have reached their lowest in decades, indicating significant financial improvements

Private banks collected nearly Rs 5,000 crore in minimum balance charges in FY26, with public sector banks collecting Rs 2,100 crore, while basic savings accoun

Private banks collected ₹4,949 crore in minimum balance penalties in FY26, more than double the amount collected by public sector banks, many of which have remo

India is projected to receive up to $85 billion in forex inflows following the RBI's FCNR move, with public sector banks leading the mobilization effort. This i

Public sector banks reported no locker thefts in FY26, with only 40 cases occurring in the last five years.

India's finance ministry is advocating for quarterly labor dialogues across public sector banks to address increasing workplace tensions. This directive aims to