With its headquarters in Mumbai, SBI is India's largest public sector bank. It has 22,405 branches in India, holds a 23 percent market share, and has a strong presence abroad, with more than 233 ...

Sebi has granted public sector banks until August 2026 to comply with its minimum 25% public shareholding rule, and Life Insurance Corporation of India until May 2027 to reach a 10% public ...

The Nifty PSU Bank index is currently the top gaining sector among NSE indices, supporting gains on Sensex and Nifty, which ...

Ahmedabad: Banking services across Gujarat are likely to come to a halt on March 24 and 25 as part of a nationwide strike ...

PSBs collectively earned their highest-ever net profit of Rs 1.41 lakh crore, compared to Rs 1.05 lakh crore in FY23. During ...

The UFBU which arranged the strike is a bank union collective of over 8 lakh employees in PSU, private, foreign, co-op, and ...

Banks in India, both public and private, will soon adopt a streamlined format to help account holders or their nominees ...

This surge in dividends is attributed to the robust financial performance of PSBs Public Sector Banks (PSBs) in India have reported a significant increase in dividend payouts for the financial ...

Bank of India partners with New India Assurance to offer a wide range of general insurance products to its customers, ...

During 2022-23, the government received `13,804 Crore as dividend from the public sector banks including State Bank of India (SBI). It is to be noted that 12 public sector banks recorded the ...

During 2022-23, the government received ₹13,804 crore as dividend from the public sector banks including State Bank of India (SBI). Out of the total profit of ₹1,41,203 crore earned during ...

Out of the total dividend paid, nearly 65 per cent, or Rs 18,013 crore, went to the government, reflecting its major stake in these banks. In the previous financial year, the government had received ...