PSBs

The government has decided to divest up to 6 per cent stake in state-owned Bank of Maharashtra through an Offer for Sale commencing on Tuesday. At the current market price, the government would be able to garner about Rs 2,600 crore by offloading up to 6 per cent stake in the bank. "Offer for Sale in Bank of Maharashtra (BOM) opens tomorrow for Non-Retail investors. Retail investors can bid on Wednesday. Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said in a post on X. The government currently holds a 79.60 per cent stake in the Pune-based bank. With the stake dilution, the bank would be able to meet the minimum public shareholding norm of 25 per cent as the government stake will come down below 75 per cent. This is in line with the Securities Contract (Regulation) Rules issued by the Securities and Exchange Board of India, which mandate that

The RBI has opened the M&A financing market to PSBs, but banks now face challenges around compensation structures, governance oversight, specialist hiring and regulatory constraints

Country's largest lender SBI is in talks with the government for having a credit guarantee scheme for risky, new-age sectors, its managing director Ashwini Kumar Tewari said on Monday. SBI also wants the inclusion of green finance in priority sector lending mandate, but the RBI and the government are averse to the idea because of the crowding-out effects on other aspects, Tewari said. Speaking at the CII Finance Summit here, Tewari said SBI will soon be inaugurating a centre of excellence that will help not just itself but the broader universe of financiers with aspects like drafting policies on lending, assessing and pricing of risk, etc. The CoE will focus on eight sectors, including electric vehicles, high-end solar technology, green hydrogen, green ammonia, batteries and data centre, he said. "We are telling the government to build in some guarantee schemes for the new age and riskier elements of the industry," he said, without elaborating on the specifics been sought. At pres

As per the new rules, the index must include a minimum of 14 constituents, compared with the current 12, while the weight of the top constituent will be capped at 20% - down from 33% presently.

PSU Bank stocks have outperformed in recent trading sessions amid reports of a likely hike in FII investment limit. Here are 5 stocks that look strong on technical charts.

With a rank of 43, the State Bank of India (SBI) is currently the only Indian public sector lender in the latest S&P Global Market Intelligence ranking of the world's 100 largest banks by assets

Yes, they can. But to make the experiment successful, the government must have patience

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

Excellence Enablers survey finds 16 Nifty 100 companies flouting independent director rules in FY25, with PSUs and PSBs dominating non-compliance cases

Bankers said the increase in market share in the last 18 months is the outcome of a combination of factors like changes in macro environment

During the PSB Manthan earlier this month, some experts and bankers had suggested that the power to appoint independent directors should rest with the boards of PSBs to enhance accountability

Despite a nearly 5x jump in aggregate mcap since FY20, most coverage PSBs still trade at reasonable valuations of 0.8-1x forward P/B & 5-7x FY27E EPS, leaving room for further upside.

The banking sector's good run continues, but there are challenges, both on asset and liabilities turf

The continued normal monsoon, falling inflation, and the S&P Global Ratings upgrade also contributed to the market recovery despite the US tariff threats, said Chokkalingam

"PSBs have been told to focus on credit growth across loan sizes, especially in core engineering, manufacturing, agriculture, MSMEs, and startups," the official said

Public sector banks saw Q1 FY26 profit rise 10.6% YoY on treasury gains and lower provisions, while NII was flat as lenders passed on policy rate cuts to customers

State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases, said the official. The two companies had not responded to Business Standard's emails till Friday evening

PNB's share price was trading 2 per cent lower at ₹105.9 per share after the bank posted its June 2025 quarter results

Public sector banks have identified 1,629 wilful defaulters with outstanding loans totalling Rs 1.62 lakh crore as of March 31, 2025, according to the Union Finance Ministry

Amid rising competition from private and small finance banks, PSBs have been asked to scale up physical infrastructure and cover over 200 unbanked population clusters