Friday, September 19, 2025

BANKING

Good news for Public Sector Banks. PSBs outpaced Private Banks in FY25. Advances grew by 12.2 percent. This is the first time since March 2010. PSBs are retaining deposit market share. They are focusing on technology and third-party products. Recoveries from written-off accounts boosted profitability. Margins are expected to stabilise. This is due to CRR cuts.

from Banking/Finance-Industry-Economic Times https://ift.tt/aqTZe53
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