Public Sector Undertakings (PSU) banks in India are government-owned banks where the majority stake is held by the Ministry of Finance. These banks play a significant role in the country’s financial sector.
The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income generated from credit products such as loans, and mortgages, and the interest expenses associated with holding deposits and other liabilities.
Bank of Maharashtra
Bank of Maharashtra Limited is engaged in the business of providing a wide range of banking services and the bank’s operating segments include treasury, corporate/wholesale banking, retail banking, and other banking operations.
With a market capitalization of Rs. 42,434 Crores, the shares of Bank of Maharashtra Limited were trading at Rs. 55.17, up 4 percent from its previous day’s close price of Rs. 52.94.
Bank of Maharashtra Limited has reported a Net Interest Margin of 3.89 percent and a CASA Ratio of 49.29 percent.
Central Bank of India
Central Bank of India Limited is a commercial bank that offers a wide range of banking services in operating segments like treasury, corporate/wholesale banking, retail banking, and other banking services.
With a market capitalization of Rs. 49,082 Crores, the shares of Central Bank of India Limited were trading at Rs. 56.54, up 8 percent from its previous day’s close price of Rs. 52.33.
Central Bank of India Limited has reported a Net Interest Margin of 3.44 percent and a CASA Ratio of 48.93 percent.
State Bank of India
State Bank of India Limited is a banking and financial services provider and India’s largest public sector bank, engaged in providing a wide range of products and services to individuals, commercial enterprises, commercial enterprises, etc. Its business segments include Treasury, corporate/wholesale banking, retail baking, insurance business, and other banking businesses.
With a market capitalization of Rs. 7,54,666 Crores, the shares of State Bank of India Limited were trading at Rs. 845.60, up 3.7 percent from its previous day’s close price of Rs. 816.05.
State Bank of India Limited has reported a Net Interest Margin of 3.29 percent and a CASA Ratio of 40.03 percent.
Indian Overseas Bank
Indian Overseas Bank Limited is a public-sector undertaking bank that offers banking and other services like retail banking, corporate banking treasury operations, and many more.
With a market capitalization of Rs. 1,01,280 Crores, the shares of Indian Overseas Bank Limited were trading at Rs. 53.58, up 6.5 percent from its previous day’s close price of Rs. 50.32.
Indian Overseas Bank Limited has reported a Net Interest Margin of 3.08 percent and a CASA Ratio of 42.44 percent.
Punjab National Bank
Punjab National Bank is engaged offering Banking Services, Government Business, Mutual Funds, Wealth Management services, Merchant Banking, Agency Business Insurance, and many more catering to all types of clients.
With a market capitalization of Rs. 1,20,699 Crores, the shares of Punjab National Bank Limited were trading at Rs. 105.02, up 5.2 percent from its previous day’s close price of Rs. 99.82.
Punjab National Bank Limited has reported a Net Interest Margin of 3.06 percent and a CASA Ratio of 39.31 percent.
Written by: Bharath K.S
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