FinMin likely to hold two-day PSB Manthan; top leadership of PSU banks to attend
New Delhi, September 5 (PTI) Ministry of Finance, according to sources, will organize a two -day PSB Manthan to brainstorm with the senior leadership of public sector banks and unlock new generation reforms.
As of September 12, the two -day brainstorming session, the public sector banks (PSBs) will see the participation of the top management, he added.
The latter Mantnan was held in April 2022, under the leadership of all PSBs, under the guidance of the Financial Services Department (DFS), to obtain the reforms of access and service excellence (convenience).
Easy, PSB Manthan ‘held in November 2017 is based on suggestions made by PSB All Time Directors (WDDS) and senior executives.
In Son Mantnan, six working groups have been created to look at the functioning of public sector banks (PSB) and propose ways to develop customer service, digitalization, HR encouragement, corporate management and cooperation.
PSB Manthan’s last round would be done in the background of PSU Banks’ cumulative profit to a record level. LaIn the financial year, which ended in March 2025, 1.78 Lakh Crore grew 26 percent compared to the previous year.
All 12 public sector banks had made total profit. La1.41 Lakh Crore in FY24. The annual increase in profit from an absolute point of view has increased approximately La37,100 crore in FY25.
Apart from your total profit La1,78,364 Crore, 25 financially won, only the Indian market leader State Bank (SBI), has contributed to more than 40 percent of the total gains according to the figures published in the stock exchanges.
SBI made a clear profit La70,901 Crore25, 16 percent higher than the previous financial year ( La61.077 Crore).
In percent, the Delhi -based Punjab National Bank reported the highest net profit growth of 102 percent. La16.630 Crore, this is followed by Punjab and Sind Bank with an increase of 71 percent La1.016 Crore.
Even the current financial year started with a good note when it comes to PSBs. Public sector banks led by the Indian State Bank (SBI) made a record profit registered LaIn the first quarter of the current fiscal year, 44,218 Crore is with an annual 11 % growth.
12 PSB all made a profit together La39,974 Crore in MY25 June quarter. An absolute increase in profit increase La4.244 Crore.
Sunday leader SBI alone contributed to total earnings by 43 percent La44.218 Crore, according to the numbers published in the stock exchanges.
In 2015 and 2016, two rounds of ‘Gyan Sangam’ should be made, which has led to many reforms in the banking and financial sector, including the privatization of public sector banks and insurance companies.
