The Reserve Bank of India's regulatory changes have shifted banks' capital composition towards Common Equity Tier-1 (CET-1) while leaving the overall capital adequacy ratio broadly unchanged. Median CET-1 of scheduled commercial banks…
The Economic Advisory Council to the Prime Minister has recommended consolidating Indian banks into a smaller number of equal-sized lenders without reducing competition. In a paper released Tuesday night, the council noted…
Public sector banks reported gross loan slippages of around 0.7% in Q1FY27, less than half the 1.7% seen at private banks, despite macroeconomic pressures from currency, crude and climate. Overall systemic gross…
Public sector banks are losing ground to private and foreign lenders in premium credit cards and banking for global capability centres, according to a finance ministry-organised conclave. The meeting noted PSBs' shrinking…
Finance Minister Nirmala Sitharaman has urged public sector banks (PSBs) to shed their 'government bank' image and adopt a more youth-friendly approach to attract Gen Z customers. Speaking at an event, she…
Public sector banks will launch a month-long ‘Banking for Youth’ campaign from October 2, Finance Minister Nirmala Sitharaman said. The drive will target citizens aged 16 and above, including young professionals, and…
Public sector banks wrote off ₹70,528 crore in bad loans in FY26, down nearly 40% from ₹1.15 lakh crore five years ago, data shared by the Finance Ministry with Parliament shows. Recoveries…
