After a 5-year decline, state-run banks see a surge in employee numbers, while private banks experience a 0.9% workforce reduction

After a 5-year decline, state-run banks see a surge in employee numbers, while private banks experience a 0.9% workforce reduction

by | Jan 5, 2026 | Axis bank, Bank of Baroda, Canara Bank, Central Bank of India, HDFC Bank, ICICI Bank, Punjab National Bank, State Bank of India

The Indian banking sector has seen a shift in employee counts, with public sector banks adding 13,179 employees to reach 9,70,437 in FY25, while private banks saw a 0.86% drop to 8,38,150 employees. State-run banks, which had earlier focused on consolidation and...
After a 5-year decline, state-run banks see a surge in employee numbers, while private banks experience a 0.9% workforce reduction

Among the prominent banks are SBI, HDFC Bank, Axis Bank, ICICI Bank, Kotak Mahindra, and Bank of Baroda.

by | Dec 27, 2025 | Axis bank, Bank of Baroda, Canara Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, State Bank of India

Several major Indian banks have announced changes to their fixed deposit (FD) interest rates, affecting customers who invest in these instruments. The changes vary by bank and tenure, but overall, they offer returns ranging from 5.9% to 6.95% for different terms....
After a 5-year decline, state-run banks see a surge in employee numbers, while private banks experience a 0.9% workforce reduction

Senior citizens can earn up to 8% interest rate for a 3-year investment; check the complete list of participating banks.

by | Dec 21, 2025 | Bank of Baroda, Canara Bank, HDFC Bank, ICICI Bank, Indian Bank, Punjab National Bank, State Bank of India

For senior citizens investing for a period of three years, several banks are offering a fixed deposit (FD) rate of up to 8%. This is a significant incentive for seniors who are looking to grow their savings while minimizing risk. The banks offering these high FD rates...
Budget Announcement on PSU Bank Consolidation: Expectations for IOB, UCO, BOI, BOM, and Central Bank Merger Plans

Budget Announcement on PSU Bank Consolidation: Expectations for IOB, UCO, BOI, BOM, and Central Bank Merger Plans

by | Dec 15, 2025 | Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab National Bank, State Bank of India, UCO Bank

The Indian government is expected to make significant announcements regarding the merger of Public Sector Banks (PSBs) in the upcoming budget. The merger of banks such as Indian Overseas Bank (IOB), UCO Bank, Bank of India (BOI), Bank of Maharashtra (BOM), and Central...
Budget Announcement on PSU Bank Consolidation: Expectations for IOB, UCO, BOI, BOM, and Central Bank Merger Plans

Major Development in PSU Bank Consolidation: IOB, UCO, BOI, BOM, and Central Bank Under Consideration for Merger – What’s the Timeline for the Next Phase of PSB Consolidation?

by | Dec 4, 2025 | Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Overseas Bank, Punjab and Sind Bank, Punjab National Bank, State Bank of India, UCO Bank

The Indian government is planning to initiate the next phase of public sector bank (PSB) mergers, with several banks on the radar, including Indian Overseas Bank (IOB), UCO Bank, Bank of India (BOI), Bank of Maharashtra (BOM), and Central Bank of India. The merger of...