Bank unions approved salary hikes for PSU banks. Will it dent PSU banks’ profitability? Read more.
Source: Moneycontrol
Bank unions and IBA agree to a five-year 17% hike for bank staffers.
Source: Moneycontrol
PSU banks report a 57% rise in net profit to around Rs 1 lakh crore in FY’2023. Robust credit growth and improving profitability.
Source: Moneycontrol
While banks absorb the wage hike, the focus shifts to margin pressures and growth momentum.
Source: Moneycontrol