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TREND | 09 May 2025

Public sector banks post record 1.78 tn profit in FY25, growth up 26%

Business Standard

Public sector banks' cumulative profit rose to a record level of Rs 1.78 lakh crore in the fiscal year ended March 2025, registering a growth of 26 per cent over the previous year. All 12 public sector banks had earned a total profit of Rs 1.41 lakh crore in FY24. The year-on-year increase in profit in absolute terms rose by about Rs 37,100 crore in FY25. Out of the total profit of Rs 1,78,364 crore earned during the FY25, market leader State Bank of India (SBI) alone contributed over 40 per cent of the total earnings, as per the published numbers on stock exchanges. SBI logged a net profit of Rs 70,901 crore in FY25, 16 per cent higher than the previous fiscal (Rs 61,077 crore). In percentage terms, Delhi-based Punjab National Bank reported the highest net profit growth of 102 per cent to Rs 16,630 crore, followed by Punjab & Sind Bank with a 71 per cent rise to Rs 1,016 crore. During the year, all 12 public sector banks (PSBs) reported a rise in profit. Among the banks, which

PSU

TREND | 09 May 2025

Public sector banks assure customers of normal functioning of all alternate banking channels

Business Line

This assurance comes in the wake of the escalating war between India and Pakistan and rumours about its likely impact on banking services

PSU

TREND | 07 May 2025

Sunny Agrawal predicts strong FY26 for cement sector as profitability improves

Economic Times

Among the PSU bank basket, on one hand we have seen a very good set of number from Indian Bank, so there again, we feel there is a value that lies there trading at 0.9 times one year forward price to book. So, we feel the fair value of Indian Bank is close to Rs 650.

Nifty PSU Bank index slips 5%, sees sharpest one-day fall in 11 months

Business Standard | 07 May 2025

PSU

TREND | 06 May 2025

Sebi may set up separate mechanism for voluntary delisting of PSUs

Business Standard

Markets regulator Sebi on Tuesday proposed carving out a separate mechanism for voluntary delisting of PSUs, where the government or promoter group owns 90 per cent or more of shares. Under current rules, delisting is successful if promoter shareholding reaches 90 per cent. Moreover, the floor price for delisting is calculated using several pricing metrics such as 60-day average price and highest price in the last 26 weeks. These rules can make delisting costly for PSUs due to high market prices despite low book values or weak financials. In its consultation paper, Sebi noted that many PSUs have low public shareholding, outdated business models or weak future outlook and higher market prices due to government ownership than actual value. These make them financially burdensome for the government to delist such companies. In view of these drawbacks and to facilitate delisting of such PSUs, Sebi has proposed that a separate carve out for voluntary delisting should be created. Under

PSU

TREND | 06 May 2025

Union Bank's 7.25 cr book purchase faces heat amid Subramanian's IMF exit

Business Standard

Public sector lender Union Bank purchased 189,450 paperback and 10,422 hardcover copies of Krishnamurthy V Subramanian's book 'India@100: Envisioning Tomorrow's Economic Powerhouse' for 7.25 crore

PSU

TREND | 05 May 2025

PSU banks sink up to 40% in 2025. Can SBI's leadership, policy tailwinds drive a comeback?

Economic Times

PSU bank stocks have underperformed in 2025, with several falling sharply despite decent Q4 earnings and macro tailwinds. SBI's results and performance remain critical for a sectoral revival. Technical charts indicate bullish potential, and analysts suggest being stock-specific, favouring names like SBI and Bank of Baroda.

SBI, PNB: Should you buy or sell PSU bank stocks post JSW Steel SC order?

Business Standard | 05 May 2025 2 more

PSU

TREND | 04 May 2025

Banca growth for PSU bank-led life insurers slows amid incentive shift

Business Standard

Slowdown due to changes in incentive structures, as several PSU banks have shifted focus back to core operations and scaled back insurance sales through banca channels

PSU

TREND | 29 Apr 2025

PSU defence stock up 4% on heavy volumes; nears record high. Do you own?

Business Standard

Bharat Electronics hit four-month high of 317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.

PSU

TREND | 29 Apr 2025

The Revised LCR Framework Aftermath

NDTV Profit

Public sector banks may be disproportionately impacted due to their deposit composition.

PSU

TREND | 29 Apr 2025

Delhi Cabinet to decide on hospital staff outsourcing in a meeting today

Business Standard

The Delhi government, in a meeting scheduled on Tuesday, is likely to take a call on the Health Department's proposals regarding outsourcing of staff through PSUs and equipping hospitals with MRI machines using a PPP model, official sources said. The proposals will be discussed in the Cabinet meeting chaired by Chief Minister Rekha Gupta, scheduled for 12 noon, they said. The Health Department seeks to centralise the outsourcing of staff required for documentation and other formalities at government hospitals and other health facilities of the government by roping in public sector undertakings (PSUs), they said. Presently, the hospitals and other facilities like clinics hire these personnel through private placement entities, said an official. The other proposal is regarding the installation of magnetic resonance imaging (MRI) machines through a public-private partnership to meet the growing demand for such crucial scans, he said. There is a shortage of MRI machines in government