Target Current accounts

Target Current accounts 

Yes private banks are targeting the Current accounts heavily and Public sector banks are struggling to retain the Current accounts. 

Wonder 1 

Three years back only in Five states the Current account deposits of Private Banks were more than the Govt Banks. Now as at 30-9-2025 it happened in 10 stares . It increased to 13 states as at 31-3-2026.  

Let us see the details state wise :

Rs. In crore 

State.              Govt Banks.  Private Banks 

Haryana.             16,405.      58,580

Karnataka.         63,849.   1,10,183

Delhi.                  86 ,354.   1,00,061

Uttara Pradesh  65, 387.      66,935

Maharashtra  2,32,498.     3,55,875 ( this dominance is horrible). 

Gujarat.              49,247.        85,834

Tamilnadu.       61,050.        81,234

Telangana.       47,758.        50,681

West Bengal.  40,995.         51,335

Jammu Kashmir  1,619.    16,366 ( Thanks to Jammu and Kashmir Bank )

Kerala.              20,590.         32,487

Rajasthan.       24,907.         25,824

Punjab.            12,885.         17,061 

Wonder 2 

In Savings Bank account ( SB) deposits also Private Banks garnered more business in Karnataka state.  

SB deposits.   1,42,637.   2,37,893 

More than 60 % of  Bangalore employees are dealing with Private Banks as per assessment.  

Competition 

Delhi.               2,12,609.     1,92,504

Maharashtra  5,33,760.     4,31,298

Telangana.     1,57,364.      1,23,351

  Wonder 3 

Huge competition in Metro centres 

Branches.      17,816.          14,364

Deposits.    66,51, 057.    58,82,876

Advances.  54,65,572.     48,94,526 

As per the data available more people are preferring Term deposits with Govt Banks and hence  total deposits are more than Private Banks ' total deposits.  

Wonder 4

In Advances also Govt Banks lead in above 100 crore limits to Corporate borrowers as compared to private Banks.  Private Banks are leading in Advances from Rs.1 crore 25 crore range over the Govt Banks.  

Rs.in crore.       GOVT.         PRIVATE 

Limit

1to upto 4.       6,46,112.   .    10,48,935

4 to upto 6.     1,75,905.           3,18,464

6 to upto 10.   2,03,251.           3,53,056

10 to upto 25. 3,22,223.           5,52,575

25 to 100.        5,28,340.           7,69,250

Above 100.    41,11,137.        13,57,114

Advances.   113,34,415.      84,44,603 

Government Banks deposits growth in FY 2025-26 was 9.80% and that of the Private Banks was 13% . Credit growth of Government Banks was 16.1% and in Private Banks it was 12.3% in FY 2025-26.  

WONDER 5 

TOTAL ADVANCES IN STATE on 31-3-2026 

Rs.in Crore 

State.              Govt Banks.  Private Banks 

Maharashtra  27,40,506.     28,39,515

Gujarat.             5,45,321.        5,70,325

Haryana.          2,57,549.        3,69,371

Jammu Kashmir 27,988.         87,392 

Tough competition 

Karnataka.     7,22,598.        5,68,905

Punjab.           2,22,276.        1,87,975

Tamilnadu.   11,15,573.       7,50,298 

common Charter Of Demands (COD) of BANK PENSIONERS (13th BPS wef 01-11-2027):* (21-05-2026)

FIRST TIME IN VANKING INDUSTRY

*common Charter Of Demands (COD) of BANK PENSIONERS (13th BPS wef 01-11-2027):* (21-05-2026)

* First Time in Banking History

* To be submitted to IBA by CBPRO in Jun/Jul 2026

*ALL BANKS:*

1. *IBA Direct Talk with Pensioners:* Associations (CBPRO) for Pensioners issues

2. *Pension Updation on RBI line:* (RBI: 2019, 2023 & 2026) for ALL BPS (Past, Present & Future)

3. *ADDL PENSION:*

Age 65 - 5%, 70 - 10%, 75 - 15%, 80- 20%, 85 - 30%, 90 - 40%, 95 - 50% & 100 - 100%

4. *Common QTLY DA (Base yr: 2016, not 1960) for ALL:*

Merger of DA@8088 (Serving, Retd: Pre Nov 2022 & Retd: Post Nov 2022)

5. *100% DA Neutralisation:* wef 2005 instead of 01-10-2023 (Retd: Pre 2002)

6. *BASIC PENSION Calculation: LAST PAY* or 12/10m Avg pay,  whichever is *higher*.

7. *Min Basic Pen:* Anomaly 

Pre 86 Retd: 10,000

Post 86 Retd: Actual (Less than 10,000)

8. *Basic Pension for SPL ALLOWANCE:* wef 01-11-2012 (10th BPS)

9. *Anomaly: 10th BPS*

Retd Apr 2015: 

STAG taken for last 12m

Retd (May 2015 to Mar 2016): STAG not taken for last 12m

10. *Anomaly: 11th BPS*

AGM STAG (11th BPS): wef 01-11-2020 instead of 01-11-2017

AGM STAG (12th BPS): wef 01-11-2017 instead of 01-11-2020

11. *Tax Excemption Limit - 8 Mon PL - LEAVE ENCASHMENT*@Retirement: 10 Lac to 25 Lac wef 01-04-2016 (Central) instead of 01-04-2023

12. *GRATUITY:* 3 Lac to 10 Lac wef 01-01-2006 (Central, 6th CPC) instead of 24-05-2010.

13. *GRATUITY:* 10 Lac to 20 Lac wef 01-01-2016 (Central, 7th CPC) instead of 29-03-2018.

14. *GRATUITY:* 20 Lac to 25 Lac wef 01-01-2024 (Central)

15. *GRATUITY Calculation Method:*

Include DA, Spl Allow, Above 30 yrs: 45 days per month, Calc: 26 days/Mon, not 30 days/Mon

16. *COMMUTATION RECOVERY:* 15 yrs to 12/10 yrs

*SBI:*

1. *SPL PAY for OFFICER PENSIONERS (6250 + DA) wef 01-11-2017:*  instead of 01-08-2024. Dy Mgr & CM same Pension (12th BPS) anomaly (Affected: 22%, 50000 out of 230000 Pensioners)

2. *50% Pension wef 01-03-1999:* instead of 10-11-2023

3. *Commutation Factor:* 6.60 to 8.194 (PSB)

TOP BANKS BY BRANCH NETWORK

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

Most corrupted Department in India

Most Profitable Banks in

DFS LETTER TO ALL PSU BANK TO REDUCED EXPENDITURES

RTGS &NEFT PAYMENT IN APRIL 2026

RTGS & NEFT payments in April 2026. 

RTGS total payments by all Govt, Private,  Foreign,  Grameen Banks and Co-operate Banks was Rs.1,92,48,589 crore in April 2026 .

Banks which have done payment of   atleast 1% of RTGS ( Rs.1,92,485 crore )were as per RBI data  as follows: 

Rs. In crore.  Payment.            % to total

HDFC Bank.         40,55,877.      21.07%

State Bank.          24,50,840.       12.73%

ICICI Bank.          22,47,253.        11.67%

Axis Bank.           16,58,533.          8.62%

Kotak Mahindra   5,79,452.          3.01%

Punjab National. 4,68,265.           2.43%

Yes Bank.              4,65,428.           2.42%

Canara Bank.        3,69,876.          1.92%

Bank of Baroda.   3,56,314.          1.85%

Union Bank.          3,55,684.           1.85%

Bank of India.       3,25,865.           1.69%

IDBI Bank.             2,71,650.            1.41%

Indusind Bank.     2,17,045.           1.13%

Foreign Banks 

Citi Bank.            6,46,646.            3.36%

Deutsche Bank  5,13,940.           2.67%

HSBC.                  3,89,506.           2.02%

All other Banks are doing less business in RTGS payments especially Metro cities and urban Towns. State Bank is the only Government Bank giving tough competition in Current accounts and big Customers as compared to Private top four Private Banks. 

Indian Bank,  Indian Overseas Bank,  Bank of Maharashtra,  Central Bank of India,  were nowhere near small Private Banks also.  In case of UCO Bank and Punjab Sind Bank  they are diminishing slowly. 

&&&@@@@&&&%%%****-------

Let us see NEFT payments also in April month 2026. 

Total NEFT payments in April month 2026 were Rs. 44,24,471 crore. 1% works out to Rs.44,244 crore. Banks NEFT payments above 1% were as under : 

Rs. In crore.      NEFT payments.      % to total

State Bank.         5,23,190.                11.82%

HDFC Bank.        4,83,442.                10.92%

Axis Bank.           4,38,387.                  9.90%

ICICI Bank.          4,00,575.                  9.05%

Yes Bank.            3,19,312.                   7.21%

Kotak Mahindra. 1,23,789.                 2.79%

Bank of Baroda.     68,272.                 1.54%

IDBI Bank                 64,709.                 1.46%

Punjab National .   64,024.                 1.44%

IDFC First Bank.     61,914.                 1.39%

Union Bank.             58,794.                 1.33%

Indusind Bank.       52,214.                  1.18%

Foreign Banks 

Citi Bank.             2,13,564.              4.82%

HSBC Bank.        1,47,905.              3.34%

Deutsche Bank. 1,10,724.              2.50%

Stanchart Bank  1,07,024.             2.41% 

The above comments in RTGS topic applies in NEFT payments also. Except SBI all other Government Banks are loosing ground in Metro cities and Urban Towns , in attracting big industrial Customers and Big business men . 

AIBOC GS Com. Rupam Roy goes strict on 5 Day Banking and PLI.

 5 Day Banking: AIBOC GS Com. Rupam Roy goes strict on 5 Day Banking and PLI.

Top 6 Govt Banks after SBI

Top 6 Govt Banks after SBI 

However in this list  No merger happened in Bank of India in 2019. 

Rs. In crore for Deposits,  Advances and Profit only. As at 31-3-2026.

                  Indian Bank.    Bank of India 

Branches.  6001.               5511

Deposits.   7,89,283.       8,00,443

Advances  6,17,485.       6,54,292 

Q4 PROFIT.      3,103.            3,015

FY 2026 profit  12,156.      10,527 

                    Punjab National.   Bank of Baroda 

Branches.   10,324.                   8,648

Deposits.    16,49,060.          14,01,290

Advances.  11,92,950.          11,69,458

Q4 profit.       5,225.                  5,615

FY 2026 profit  16,904.           20,021

                      Canara Bank.     Central Bank 

Branches.    9,849.                 4,585

Deposits.   14,36,905.       4,67,923

Advances. 11,61,143.      3,44,516

Q4 profit.      4,506.             724

FY 2026 profit 19,187.      4,369 

&&&&&%%%%%%#######-------'

Two Gaints 

                     State Bank.      HDFC Bank

Branches.   22,937.             9,689

Deposits. 57,32,960.        31,05,300

Advances  41,89,686.      29,37,200

Q4 profit.     18,643.          19,220

FY 2026 profit  80,032.     70,000 Aproximate

Employees.   2,45,131.     2,11,178 

These two Banks are in the top 50 Banks in the  World now. 

HDFC Bank is planning to open more branches than Punjab National Bank and become the second largest Bank in India.

📍India’s Banking Strength Revealed! State-Wise Bank Deposits Data 2025 🔥 Check Where Your State Stands

Discussions for salary 5 days banking and others

Bank pension updation

GOVERNMENT HOLDINGS PUBLIC SECTOR BANK

Rs 2.5 Crore PMJJBY Fraud Busted in Madhya Pradesh, Fake Death Certificates Used for Insurance Claims

A big fraud worth crores of rupees has been uncovered under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) in Madhya Pradesh. According to officials, an organised criminal gang allegedly used fake death certificates to claim insurance money in several districts of the state – Gwalior, Morena, Ratlam.

First then opened Bank accounts, then applied for PMJJBY insurance. After some time, the fraudsters visited banks and informed them about the death of the account holder and applied for insurance claim.

The insurance claim was processed and credited to the bank account of nominees. Here, the fraudsters played the trick. While opening the bank account of individuals, they added their names as nominees.

Once the claims were processed, the money was credited to the accounts of the fraudsters. In this way, the PMJJBY scheme was misused on a large scale. The scheme provides insurance coverage of ₹2 lakh per individual. Therefore, if fraud was committed in 10 accounts, the fraudsters could easily earn ₹20 lakh. However, the fraud was carried out on a much larger scale involving around 250 accounts.

Now is the time to say Bid Adiue to my vibrant and marvelous Team Ultadanga

Now is the time to say Bid Adiue to my vibrant and marvelous Team Ultadanga. I think this is my best team whome I spent last three years.Tanmoy, Priyanka, Trijita, Swatilekha, Santu, Parimalda and Balai da everyone is excellent  from their own corner. I never forget all of you for your behaviour and great supoort. As on day Ultadanga branch is pioneer for customer service it is only all of your good support and service.I also conveyed my sincere thanks to Subhojit and Barin da for  their good support last three years.

Having lots of good memories with the team and my dear & respected customers last three years. Long Journey at the ultadanga ends here. Definitely I shall miss you all and pray Almighty to meet you again. I convey my sincere thanks from

the core of my heart to each and every near and dear one who made my journey more remarkable and smoothly. Also convey my respect with folded hands to my senior authorities to choose me for new assignment at VIP Road Branch.

25th and 26th May Bank Strike

All India Bank Employees' Association extends its solidarity and fraternal support for the two-day strike at State Bank of India called by the All India State Bank of India Staff Federation

#AIBEA 

#AISBISF

#SBI