Public Sector Banks News - Latest Updates & Headlines
Public sector banks' dividend payout rises 33 pc in FY24: Centre
New Delhi, March 23: Public sector banks (PSBs) in India have shown significant financial improvement, as their dividend payouts increased by 33 per cent to Rs 27,830 crore in the financial year 2023-24.
Recapitalisation, reforms have worked well for public sector banks: SBI Chairman
Mumbai, Feb 18: Recapitalisation and reforms in the last few years have really worked well for the public sector banks and balance sheets are cleaner now, State Bank of India (SBI) Chairman, C.S. Setty, said on Tuesday.
PSBs highest-ever net profit of rs 1.29 lakh crore recorded, marking 31.3 per cent growth
New Delhi, February 6: Public Sector Banks (PSBs) have recorded the combined net profit surged to an all-time high of Rs 1,29,426 crore during April-December 2024, registering a 31.3 per cent year-on-year (YoY) growth.
Public sector banks post record 31.3 pc surge in net profit in April-December
New Delhi, Feb 6: Public sector banks have shown a significant improvement in key financial parameters during the first three quarters (April-December) of the current financial year (2024-25) with a record net profit growth of 31.3 per cent year-on-year to achieve the highest ever aggregate net profit of Rs. 1,29,426 crore, the Finance Ministry said on Thursday.