Try GOLD - Free
PSU banks ace home loans
Mint Bangalore
|May 22, 2025
Market share of PSU banks in home loans rose to 46.4% at FY25-end from 45.1% a year ago, private banks' fell
Public sector banks have been gaining market share over their private sector peers in mortgage or home loans, thanks to an aggressive push in tier-3 cities and beyond, and as private sector banks grapple with margins.
As of the end of FY25, the market share of PSU banks in home loans rose to 46.4% from 45.1% a year ago, whereas that of private banks fell to 53.6% from 54.9%, as per data compiled by Mint. The growth in PSU banks' home loans portfolio outpaced that of private banks in FY24 as well.
State-owned lenders added home loans worth ₹2.1 trillion to their balance sheets, amounting to a market share of 56.5% in terms of loans distributed in FY25. In comparison, private sector banks added home loans worth around ₹1.6 trillion, or 43.6% of the loans for the year.
This story is from the May 22, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Takaichi’s policies will not be Abenomics 2.0: That's alright
Japan does not need another short-lived Abe-style shot of stimulus
3 mins
October 14, 2025
Mint Bangalore
Your guide to a joyful, guilt-free festive season
Experts share simple tips to help you practise mindful indulgence
2 mins
October 14, 2025
Mint Bangalore
Direct tax collections grow 6.3% to ₹11.9 tn
The Centre has netted ₹11.89 trillion in corporate and personal income taxes, including securities transaction tax, so far this financial year, showing a 6.3% rise from last year.
1 min
October 14, 2025
Mint Bangalore
India and Canada to strengthen relations
India and Canada agreed on Monday on a new roadmap for their relations after talks between their foreign ministers in New Delhi, as both countries seek to mend ties strained over the killing of a Canadian Sikh separatist.
1 min
October 14, 2025
Mint Bangalore
General Atlantic to lead Snapmint round
Consumer lending platform Snapmint is in the process of raising $100 million in a fundraising round led by General Atlantic alongside existing investors including Elev8 Venture Partners and Kae Capital, four people familiar with the matter said.
1 mins
October 14, 2025
Mint Bangalore
SC dismisses Asian Paints’ plea challenging CCI probe
A setback for Asian Paints Ltd, the Supreme Court on Monday refused to entertain the company’s plea challenging an antitrust investigation launched by the Competition Commission of India (CCI) following a complaint by Grasim Industries’ decorative paints arm, Birla Opus.
1 min
October 14, 2025
Mint Bangalore
Hamas frees all living Israeli hostages
Hamas freed all 20 remaining living Israeli hostages from the Gaza Strip on Monday morning, following a US-led deal reached late last week.
2 mins
October 14, 2025
Mint Bangalore
Emirates NBD eyes stake in RBL Bank
Talks between the two picked up after Sumitomo completed the acquisition of 20% in Yes Bank in September.
3 mins
October 14, 2025
Mint Bangalore
Gold futures hit record ₹1.23L/10g
Gold prices on Monday surged by ₹2,613 to hit a fresh peak of ₹1,23,977 per 10g in the domestic futures trade, buoyed by renewed US-China trade tensions, a prolonged US government shutdown, and growing global economic uncertainty that spurred safe-haven demand.
1 min
October 14, 2025
Mint Bangalore
Airlines face $11 bn supply chain hit in 2025, Iata says
Global airlines face more than $11 billion in extra costs from supply chain disruption this year, a leading industry group said on Monday, in a report likely to rekindle debate over competition in the $250-billion aerospace industry.
1 mins
October 14, 2025
Listen
Translate
Change font size