Three people have died, including two volunteer marine rescuers, after a yacht sank and a rescue boat rolled in choppy conditions off Australia's New South Wales (NSW) coast. Emergency services were called at 18:15 local time on Monday after a member of the public reported a yacht in trouble off
‘Mom, mom, mom, mom’: Isha Ambani wears head to toe Nita Ambani’s diamonds, emeralds at Met GalaIsha Ambani wore a jewellery-integrated blouse with her gold-woven Gaurav Gupta saree at Met Gala. Published on: May 05, 2026 7:10 AM IST By Trisha Sengupta Share via Copy link Isha Ambani walked
Q4 results 2026: Amid the ongoing earnings season, around 68 companies are scheduled to release their financial results for the quarter ending on March 31, 2026, on Tuesday, 5 May. Larsen & Toubro (L&T), Mahindra and Mahindra (M&M), Punjab National Bank, Marico, Hero Motocorp, SRF, Marico, Coforge
TG ICET Hall Ticket 2026 released at icet.tgche.ac.in, download link hereTG ICET Hall Ticket 2026 has been released. The direct link to download the admit card is given here. Updated on: May 04, 2026 5:45 PM IST By HT Education Desk | Edited by Papri Chanda Share via Copy link Telangana Council of
The Bharatiya Janata Party has secured a decisive victory in Assam, forming the government for a third consecutive term. The party achieved a majority on its own for the first time. The National Democratic Alliance, including partners Asom Gana Parishad and Bodoland People's Front
The meeting will be chaired by Financial Services Secretary M. Nagaraju, according to reports. New Delhi: The Finance Ministry has called a meeting of the chiefs of public sector banks (PSBs) on Wednesday to review their financial performance for the first quarter of the current financial year.
Finance Ministry To Review Q1 Performance Of Public Sector Banks On Aug 20
The meeting will be chaired by Financial Services Secretary M. Nagaraju, according to reports.
New Delhi: The Finance Ministry has called a meeting of the chiefs of public sector banks (PSBs) on Wednesday to review their financial performance for the first quarter of the current financial year.
The meeting will be chaired by Financial Services Secretary M. Nagaraju, according to reports.
Public sector banks have posted strong earnings in the April–June quarter of 2025-26 (Q1 FY26).
Add Zee News as a Preferred Source
Together, the 12 PSBs reported a record profit of Rs 44,218 crore -- reflecting an 11 per cent growth over the same quarter previous year. In comparison, these banks had earned Rs 39,974 crore in the June quarter of 2024-25 -- marking an increase of Rs 4,244 crore in absolute terms.
The State Bank of India (SBI) remained the biggest contributor, accounting for 43 per cent of the total profits.
The country's largest lender posted a net profit of Rs 19,160 crore in the first quarter of FY26, which was 12 per cent higher than the same period the previous year.
The SBI continues to dominate the public banking sector in both size and earnings.
Among other banks, the Indian Overseas Bank recorded the highest growth in profit in percentage terms, with a 76 per cent jump to Rs 1,111 crore.
The Punjab & Sind Bank followed with a 48 per cent rise in profit to Rs 269 crore.
The Central Bank of India also reported a 32.8 per cent growth in net profit to Rs 1,169 crore, while the Indian Bank posted a 23.7 per cent rise to Rs 2,973 crore.
The Bank of Maharashtra registered a 23.2 per cent increase in profit to Rs 1,593 crore.
However, the Punjab National Bank (PNB) was the only lender among the 12 PSBs to report a decline in profit. Its net profit dropped 48 per cent to Rs 1,675 crore compared with Rs 3,252 crore in the same quarter previous year.
The Finance Ministry's review meeting is expected to take stock of these performances, discuss the health of the banking sector, and assess the outlook for the rest of the financial year.
Source: ZeeNews
Related Posts: Suvendu Adhikari Snubs Lokayukta Meeting Chaired By Mamata Banerjee Dream11 parent testing app to foray into financial services under DreamSuite Finance India To Leverage AI In Financial Services To Boost Inclusive Growth Dream11 parent testing app to foray into financial services under DreamSuite Finance brand HDFC Bank faces ban from Dubai Financial Services Authority over regulatory non-compliance PhonePe to grow financial services distribution business Trump’s commerce secretary Howard Lutnick had years of contact with Epstein Foreign Secretary Misri On Two-Day Nepal Visit From Sunday Chief Secretary directs smooth preparations for upcoming census in Punjab US treasury secretary anticipates final deal after Trump
The dust at this busy recycling plant is pervasive and the steady noise of hoppers and conveyor belts makes this a challenging environment to work in. The facility in Rainham, east London is owned by Sharp Group, a family-run skip and waste management firm
2 hours ago
Rihanna steals the spotlight at Met Gala 2026, shimmering like a diamond on the red carpet: See picsRihanna turns heads at the Met Gala 2026 in a sculptural metallic ensemble that lives up to her “shine bright like a diamond” moment. Published on: May 05
2 hours ago
The dispute adds to tensions over a long-delayed transatlantic trade pact. The two sides reached an initial agreement last July, but EU lawmakers have yet to ratify it as they seek amendments. Trump said Friday the bloc had failed to fully comply with the deal
2 hours ago
A South Korean ship experienced an explosion and fire in the Strait of Hormuz. U.S. President Trump stated Iran was responsible for the attack. No casualties were reported. Authorities are investigating the cause of the blaze. The incident occurred as the U.S
2 hours ago
Karan Johar ‘nailed the theme’ at Met Gala debut, say fans: ‘Better than Shah Rukh Khan by a mile’Karan Johar made a striking debut at the Met Gala 2026 in a vintage-inspired outfit by Manish Malhotra, featuring a dramatic cape. May 5, 2026, 07:45:16 IST By Riya Sharma Share via Copy link
2 hours ago
Heidi Klum’s living marble statue look at Met Gala 2026 reminds fans of Hrithik Roshan’s iconic Dhoom 2 museum disguiseHeidi Klum stunned at Met Gala 2026 as a living marble statue, drawing attention and comparisons to the Statue of Liberty and Hrithik Roshan’s iconic disguise
2 hours ago
SAI to oversee selection process of boxers for CWG and AsiadTop SAI official says BFI’s selection policy as well as empanelment of India coaches for the national camp is in violation of Sports Ministry’s guidelines Updated on: May 04, 2026 11:13 PM IST By Avishek Roy
2 hours ago
Adani Group-owned Ambuja Cements on Monday reported a consolidated net profit of Rs 1,830 crore for the March quarter of FY26 compared to Rs 1,025 crore in the year-ago period, implying a 78% year-on-year jump. The profit is attributable to the owners of the parent company
2 hours ago
Delhi tightens traffic rules with a new system requiring 50% fine payment before court appeals, along with strict deadlines, digital tracking, and penalties for delays Traffic violators in Delhi will now be required to deposit 50% of the penalty amount before approaching a court to contest a
2 hours ago
NBEMS has announced the tentative 2026–27 schedule for major medical exams including NEET PG, NEET SS, FMGE, and DrNB Final, with exams spread across August 2026 to March 2027. The National Board of Examinations in Medical Sciences (NBEMS) has released tentative exam dates for medical exams such
2 hours ago
President Donald Trump has announced the US will help "guide" ships that have been stranded by Iran's closure of the Strait of Hormuz. The Strait has remained largely blocked since the US and Israel launched air strikes on Iran - and Tehran responded by blocking the crucial waterway through which
2 hours ago
‘Is it a real mango?’ Isha Ambani reveals truth behind her unusual Met Gala accessoryMet Gala 2026: Isha Ambani wore a gold-woven saree designed by Gaurav Gupta. Published on: May 05, 2026 6:51 AM IST By Trisha Sengupta Share via Copy link Isha Ambani left the world in awe as she stepped onto
2 hours ago
Teenager Dhamne’s focus on fitness, game coming togetherThe 18-year-old is just into the ATP’s top 400, but holds promise of a steady climb in men’s singles Published on: May 04, 2026 10:16 PM IST By Rutvick Mehta, Mumbai Share via Copy link Manas Dhamne is at a career-high ranking of 384
2 hours ago
The base iPhone has reclaimed its throne, with the iPhone 17 taking over the reins in leading sales numbers from its elder sibling, the iPhone 17 Pro Max. According to the latest Global Handset Model Sales Tracker by Counterpoint Research, the standard Apple iPhone 17 was the world’s best-selling
2 hours ago
In 43 years, Vijay becomes 2nd actor-politician to achieve electoral success within 2 years of forming political partyAs Vijay's Tamilaga Vettri Kazhagam (TVK) makes history in Tamil Nadu by beating the popular Dravidian parties to victory, looking back at history. May 5, 2026
2 hours ago
Did SIR exercise win West Bengal for the BJP?So what really won West Bengal for the BJP? The answer is an extremely powerful anti-incumbency wave which has communal polarisation tailwinds. Updated on: May 05, 2026 7:56 AM IST By Abhishek Jha, Roshan Kishore
2 hours ago
Mamata Banerjee faced a significant defeat in the Bhabanipur constituency, losing by over 15,000 votes. This outcome mirrors the Nandigram battle. Factors contributing to the loss included voter alienation, corruption allegations, and job scams. The Election Commission's measures ensured fair polls
2 hours ago
The robotics pioneer who helped unleash the Roomba vacuum is now betting that you might one day replace your beloved dog or cat with a plush robot that follows you around your home and adapts to your daily habits. Colin Angle unveiled a four-legged prototype of that artificial pet
2 hours ago
Sugar-free products with sugar. ‘Real’ juices with artificial ingredients. Misleading food ads are fuelling a public health crisis in India. Help Scroll expose the systemic failure. Support our investigation.Sugar-free products with sugar. ‘Real’ juices with artificial ingredients
2 hours ago
Love Horoscope Today for May 5, 2026: Love today may ask for honesty over comfortLove Horoscope Today: Find daily astrological predictions for all sun signs. Updated on: May 05, 2026 7:30 AM IST By Kishori Sud Share via Copy link Aries Love Energy: Healing and emotional honesty Love and
2 hours ago
The year was 1991 and Lea Salonga already had won a Tony for her performance as the lead character in Miss Saigon - but she was still struggling to find another role. "My agent would be submitting me for auditions, [but people were still] like 'No, we won't see her because she's Asian
2 hours ago
India may soon hike petrol and diesel prices as crude stays above 100 dollars, with OMCs facing heavy losses and the government shifting stance after earlier denials The Indian government is considering passing the higher crude oil prices to customers in the coming days and can increase the prices
2 hours ago
The Future of Knowledge Work Summit 2026 in Bengaluru will explore how AI is reshaping knowledge work, changing roles and skills, and increasing demand for human-led work. The summit brings together enterprise leaders to discuss how organisations can adapt workflows and prepare for the next phase
2 hours ago
Celebrities arrived to the 2026 Met Gala with their take on this year's theme - Costume Art - where organisers asked attendees to experiment with the lavish and whimsical dress code. The annual event is a fundraiser for the Metropolitan Museum of Art's Costume Institute
2 hours ago
The benign question posed to almost every child, “What do you want to become?”, is almost an insult when directed at an adult. Life seams to teem with possibilities when the child is learning the ropes of social etiquette and waking up to economic realities, and then, it seems
2 hours ago
This popular song from the upcoming film Jana Nayagan was widely used by Tamilaga Vetri Kazhagam supporters in their social media campaign during the Tamil Nadu state elections. It loosely means, “The son of Ravana; the destroyer [Yama] standing alone
2 hours ago
![“She [Mamata Banerjee] is trying to divide the Hindu vote,” Rahul Sinha complained while talking to Scroll in July. The former president of the Bharatiya](http://newsorbit360.com/files/news/en/imgs/five-factors-that-helped-the-bjp-conquer-bengal.webp?height=520)
“She [Mamata Banerjee] is trying to divide the Hindu vote,” Rahul Sinha complained while talking to Scroll in July. The former president of the Bharatiya Janata Party in West Bengal had taken issue with Chief Minister Mamata Banerjee constructing a Jagannath temple in the beach town of Digha
2 hours ago
