Banking News
Read the full story
Source: The Hindu BusinessLine
The Hindu BusinessLine
Source
Banking Sector
Category
2 min
Read time
25 Aug
Published
Banking Sector
2 min read· The Hindu BusinessLinePublic sector bank more efficient than Private Sector Banks, says EAC-PM paper
A new government report shows public sector banks are now performing better than private banks. This change is thanks to new technology and fresh capital being added to government banks.
The paper found that PSBs efficiency improved to 93.12% in FY26 from 72.46% in FY20, citing subsequent capital infusion and technological upgradation in select PSBs as key reasons for improvement
Source: The Hindu BusinessLine