Over the last five years, PSBs have been strengthening their Underwriting processes through extensive use of technology. (Photo source: Robert Stump/ Unsplash)
PSBs held a dominant 74.9% market share of advances in March 2011, which steadily deteriorated to 51.8% by March 2024. For the first time since March 2010, PSBs recorded 12.2% YoY growth in Advances in FY25, outpacing that of PVBs at 9.5%.