Profiteering Govt Banks vs pvt bank

Profiteering Govt Banks 

The net profit of 12Government Banks is increasing steadily led by State Bank of India.  

Rs.in Crore.     Net profit after tax 

FY 2021-22.           66,543

FY 2022-23.        1,04,649

FY 2023-24.        1,41,202

FY. 2024-25.       1,78,364

FY 2025-26.        1,98,210

However Punjab Sind Bank, UCO Bank are not growing due to huge NPAs and Fresh Slippage of accounts to NPA.  Except SBI other Government Banks are doing more business in Rural areas and Semi Urban centres.  

There is very huge competition from Private and Foreign Banks in all 46 Metro centres having population of above 10 lakh people.  

Net profit of Government Banks in FY 2025-26 was as under : 

Rs. In crore

State Bank.                   80,032

Bank of Baroda.           20,201

Canara Bank.                19,187

Union Bank of India.    18,697

Punjab National Bank 16,904

Indian Bank.                  12,156

Bank of India.               10,527

Bank of Maharashtra    7,019

Indian Overseas Bank  5,208

Central Bank of India.   4,531

UCO Bank.                       2,768

Punjab Sind Bank.        1,322

Private Banks top 11 new ( out of 21)

HDFC Bank.            74,672

ICICI Bank.              50,147

Axis Bank.               24,457

Kotak Mahindra.    19,288

IDBI Bank.                  9,513

Federal Bank.            4,117

Yes Bank.                   3,476

IDFC First Bank.       1,636

Bandhan Bank.         1,224

Indusind Bank.            889

RBL Bank.                     822

The fallout of Indusind Bank from 5th Private bank to last position in last year is a eye opener for Private Banks.  Let us hope it recovers this year. 

However Yes Bank and IDBI Bank  shown Good Turnaround.  Good feature it was. 

IDFC First Bank shown huge percentage growth in Deposit Mobilisation  and 

Advances  but margin of profit was less. 

AU Small Finance Bank Rs. 2,641 crore profit is another good feature.  Now it is becoming a Global Bank,  how it improves to be seen now? 

Mega merger in Bank Again

India's Banking Giants with their Massive Profits... #Bank #banking #profit #latestbankupdate #india

India’s banking sector continues to shine with strong FY26 profits and consistent growth! 🇮🇳🏦

India’s banking sector continues to shine with strong FY26 profits and consistent growth! 🇮🇳🏦

From SBI to PSU and private banks, the sector is powering India’s economy with trust, stability, and performance. 💹

#Banking #SBI #HDFCBank 

Breaking! Govt has announced to sell 8% stake in Central Bank of India

The Government of India has announced 8% stake sale in Central Bank of India via an offer for sale (OFS).

Goldman Sachs (India) Securities Private Limited has been appointed as the broker for the seller in the transaction.

What is OFS?

OFS stands for Offer for Sale. It is a process in which the Government or a company sells its shares to investors through the stock exchange. In this case, the Government of India has announced an OFS to sell an 8% stake in Central Bank of India

Shares of Central Bank of India declined as much as 6.5% after this announcement was made by the Government.

In addition, the Centre retained the option to sell an equal number of shares under the oversubscription option. The OFS, if the green shoe option is exercised, is likely to be worth around ₹2,455 crore, based on the closing price of the bank’s stock on Thursday.

Currently, the government holds 89.27% stake in the bank.

Important Points about OFS

 According to the offer document, at least 10% of the offer shares will be reserved for retail investors, while 75,00,000 equity shares have been earmarked for eligible employees of the bank.

 Retail investors will also be eligible to bid at the cut-off price under the OFS mechanism

Meeting is on 23 may at 2 pm to postpone the strike call given by clerk union

INDIA’S BANKING GIANTS