In the first half of FY202425 alone, PSBs reported a 25 per cent increase in total net profit, reaching Rs 85,520 crore compared to Rs 68,500 crore in the same period last year. This growth trajectory is expected to continue in the second half, driven by sustained credit demand and improved operational efficiencies.
PSBs have made remarkable progress in asset quality management. The gross NPA ratio declined to 3.12 per cent in September 2024, a significant improvement from the peak of 14.58 per cent in March 2018. This achievement underscores the success of reforms implemented under the "4Rs" strategy Recognition, Recapitalisation, Resolution, and Reform.
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ROBE STEP BACK IN TIME
Robe's spectacular white sand beach is not its only drawcard... Local wineries and breweries, historic buildings, an arresting star-shaped lighthouse and a rich cultural and arts scene keep South Australian and interstate visitors returning year after year
In murky waters
In the wake of a tumultuous 2024 marked by political transitions, economic challenges, and conflicts across Asia and at the global level, India's aspirations of economic growth are overshadowed by inflation, unemployment, and strained regional relations
A Catastrophic Combo
Very soon the students would go from being research scholars to 'jihadis', 'violent communists' and 'anti-nationals'
Her voice in the republic
Achyut Chetan's Founding Mothers of the Indian Republic critically reclaims the overlooked contributions of women in framing India's Constitution, illuminating their intersectional struggles, dissent, and transformative feminist vision amidst patriarchal resistance
Reddy's maiden ton keeps India afloat
Nitish Reddy's unbeaten 105 took India to 358 for nine, still 116 runs short of Australia's first innings score of 474 as rain brought an early end to third day's play
New Zealand beat Sri Lanka by 8 runs in 1st T20I
Daryl Mitchell and Michael Bracewell made half-centuries in a 105-run sixth wicket partnership to help lead New Zealand to an eight-run win over Sri Lanka on Saturday in the first of three T20 Internationals.
DCs Told to Send Report on Crop Damage Due to Rain, Hailstorm: CM Saini
Haryana Chief Minister, Nayab Singh Saini said the Deputy Commissioners of all those districts where there is a possibility of damage to crops due to the recent rain and hailstorm have been instructed to send a report on this matter.
Stranded tourists find shelter in mosque amid heavy snowfall in Kashmir's Gund
A dozen tourists found themselves caught in snowfall while returning from Sonamarg
UP: Chandausi stepwell excavation uncovers stairs and pillars
The excavation of a stepwell in Chandausi's Laxmanganj area has entered its eighth day, revealing significant architectural features, including over 14 cemented stairs and intricately designed pillars.
Sarpanch's murder: Huge protest in Beed; even Mahayuti MLAs demand Dhananjay Munde's ouster
Thousands of people gathered in Maharashtra's Beed city on Saturday to protest against the brutal murder of Massajog sarpanch Santosh Deshmukh as even MLAs from ruling parties demanded the sacking of NCP minister Dhananjay Munde.
