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