Category : Search result: PSU banks profit


PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

Court: No Interest on Recovered Mallya Funds

In a landmark judgment, Karnataka High Court rules banks cannot charge interest on already recovered amounts from Vijay Mallya's defunct Kingfisher Airlines, setting a crucial precedent for banking recovery practices.

George Banks, 1982 Wilkes-Barre Massacre Killer, Dies at 83

George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug

BEL Shares Rally 15% on Strong Q2 FY26 Results

Bharat Electronics (BEL) shares skyrocket after impressive Q2 FY26 results. Discover how strong order book and defense spending are driving growth. Analysis and future outlook included.

Maharashtra reserves 70% bank jobs for locals

Maharashtra government mandates 70% employment reservation for locals in district cooperative banks, creating new opportunities for residents while addressing regional employment concerns.

Indian Banks: Extended Margin Squeeze Ahead

Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.

Indian Banks Sell G-Secs Amid Liquidity Crunch

Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

BEL Q2 Profit Jumps 18% to ₹1,286 Crore

State-owned defence giant Bharat Electronics delivers stellar Q2 performance with 17.85% profit jump and 13% revenue growth, beating market expectations.

November 2025 Bank Holidays: 5 Closure Dates

Planning financial transactions in November 2025? Get the complete list of bank holidays across India. Know when banks will be closed for festivals and weekends to avoid inconvenience.

Bank Holiday Oct 31: Which City Affected?

Planning bank work on October 31st? Check this essential guide to know which Indian city has declared a bank holiday and avoid unnecessary trips to closed branches.

Canara Bank Q2 Profit Rises 19% to ₹4,774 Crore

Canara Bank reports robust Q2 FY24 performance with 19% profit growth and improved asset quality, though net interest income sees marginal decline. Key highlights and analysis inside.

BHEL Stock Surges 2% on Strong Q2 Results - Buy Now?

Bharat Heavy Electricals Limited (BHEL) shares gained momentum following strong Q2 FY2024 performance. Discover whether this Maharatna PSU stock deserves a spot in your portfolio with expert insights and analysis.

Page 1 of 4