Which Public Sector Bank is likely to emerge as the top performer in the current financial year?

Which Public Sector Bank is likely to emerge as the top performer in the current financial year?

The banking sector is expected to be in the spotlight as the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.25% on December 5. This move is likely to have a significant impact on the monetary structure of the banking sector, leading to...
India Plans to Consolidate State-Run Banks in Next Phase of Mergers, Aiming to Create Lenders of Global Proportions

India Plans to Consolidate State-Run Banks in Next Phase of Mergers, Aiming to Create Lenders of Global Proportions

The Government of India is preparing for the next round of consolidation of public sector banks (PSU banks) with the goal of creating large, globally competitive lenders. The aim is to support India’s long-term economic ambitions and achieve the vision of a...