Consolidation of PSU Banks: SBI Chief Suggests Additional Mergers Could Be Beneficial As Government Considers Major Overhaul | Business News

Consolidation of PSU Banks: SBI Chief Suggests Additional Mergers Could Be Beneficial As Government Considers Major Overhaul | Business News

by | Nov 17, 2025 | Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab National Bank, State Bank of India

The chairman of the State Bank of India (SBI), CS Setty, has expressed support for the Indian government’s plan to merge smaller public sector banks with larger lenders. In an interview with Bloomberg, Setty stated that there is a need for further...
Consolidation of PSU Banks: SBI Chief Suggests Additional Mergers Could Be Beneficial As Government Considers Major Overhaul | Business News

Latest Bank Update: Will Indian Overseas Bank, Central Bank of India, and Bank of India Merge with SBI and Canara Bank?

by | Nov 11, 2025 | Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, State Bank of India

The Indian government is planning a major overhaul of the country’s banking system by merging smaller public sector banks with larger ones. Finance Minister Nirmala Sitharaman emphasized the need for a world-class banking system, with the goal of expanding...
Government to Accelerate PSBs’ Fundraising Efforts with Roadshows Slated for Next Week, Boosting Economy

Government to Accelerate PSBs’ Fundraising Efforts with Roadshows Slated for Next Week, Boosting Economy

by | Nov 8, 2025 | Bank of Maharashtra, Central Bank of India, Indian Overseas Bank, Punjab and Sind Bank, UCO Bank

The Indian government is gearing up to accelerate its fund-raising plans for public sector banks (PSBs) through a series of investor roadshows, starting next week. The Department of Investment and Public Asset Management (DIPAM) will lead the effort, with its...
Today, 22 companies, including notable names such as Tech Mahindra, ICICI Prudential, Bank of Maharashtra, IREDA, and Sula, are scheduled to announce their Q2 results.

Today, 22 companies, including notable names such as Tech Mahindra, ICICI Prudential, Bank of Maharashtra, IREDA, and Sula, are scheduled to announce their Q2 results.

by | Oct 14, 2025 | Bank of Maharashtra, Central Bank of India, ICICI Bank, Punjab National Bank

Today, 22 companies are set to report their Q2 results, including notable names such as Tech Mahindra, ICICI Prudential, Bank of Maharashtra, IREDA, and Sula. This quarterly earnings season is expected to provide valuable insights into the performance of these...
Government to Accelerate PSBs’ Fundraising Efforts with Roadshows Slated for Next Week, Boosting Economy

DFS Secretary says government is on track to finalize IDBI Bank stake sale by end of fiscal year 2026.

by | Oct 8, 2025 | Axis bank, Bank of Maharashtra, Central Bank of India, IDBI Bank, Indian Overseas Bank, Punjab and Sind Bank, UCO Bank

The government of India has announced plans to undertake an Offer for Sale (OFS) in five public sector banks. The banks in question are Bank of Maharashtra, Indian Overseas Bank, UCO Bank, Central Bank of India, and Punjab and Sind Bank. The primary objective of this...
Asheesh Pandey and Kalyan Kumar have been appointed by the government as the new Managing Director of Union Bank and the head of Central Bank of India, respectively.

Asheesh Pandey and Kalyan Kumar have been appointed by the government as the new Managing Director of Union Bank and the head of Central Bank of India, respectively.

by | Sep 30, 2025 | Bank of Maharashtra, Central Bank of India, Oriental Bank of Commerce, Punjab National Bank, Union Bank of India

The Indian government has made two key appointments in the banking sector, naming Asheesh Pandey as the Managing Director (MD) and CEO of Union Bank of India, and Kalyan Kumar as the head of Central Bank of India. These appointments were approved by the Appointments...