Share via:
For decades, the average Joe in India trusted public sector banks (PSBs) with a lion’s share of their hard-earned money. But that has been gradually changing. Private banks, armed with better return and technology, have been eating into PSBs’ deposit pie. In the past 10 years, between March 2015 and March 2025, public sector banks’ market share in total deposits fell from 76.3% to 56.3% — a 20-percentage point or 2,000 basis points (bps) fall.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
For decades, the average Joe in India trusted public sector banks (PSBs) with a lion’s share of their hard-earned money. But that has been gradually changing. Private banks, armed with better return and technology, have been eating into PSBs’ deposit pie. In the past 10 years, between March 2015 and March 2025, public sector banks’ market share in total deposits fell from 76.3% to 56.3% — a 20-percentage point or 2,000 basis points (bps) fall.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
