No discrepancy in tendering process, says BMC after Aaditya Thackeray alleges irregularities

Jan 17, 2023

In a ten-point clarification, Civic Body reiterated that the planning, estimation, and e-tender process for the proposed concretisation of roa

Public Sector Banks reset profitability path as RoA crosses 1%: Report

Sep 27, 2025

Public Sector Banks (PSBs) are entering a new phase of profitability as their return on assets (RoA) has crossed 1 per cent, supported by...

Indian Banks' RoA to slip 10-15 basis points to 1.15-1.2 per cent in FY26 on lower treasury income, expected credit loss provisioning: Report

May 30, 2026

The Indian banking industry's return on assets (RoA) is expected to slip 10-15 basis points to 1.15-1.2% this fiscal from around 1.3% last fiscal,...

UPI transactions grew by 57 pc YoY, with PhonePe and GPay holding market share of 86 pc: BCG report

Jul 29, 2024

For the first time, the total net profit of the banking sector crossed Rs 3 lakh crore in FY24, with all bank groups achieving...

Punjab National Bank's Q1 net profit surges by 159 per cent to Rs 3,252 crore

Jul 27, 2024

The Return on Assets (RoA) improved markedly to 0.82 per cent from 0.34 per cent, while the Return on Equity (RoE) saw a notable...

SBI records net profit of Rs 17,035 cr with increase in operating profit by 4.55 pc YoY in Q1FY25

Aug 03, 2024

The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return...