{"id":5111,"date":"2025-09-13T13:51:48","date_gmt":"2025-09-13T08:21:48","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=5111"},"modified":"2025-09-13T13:51:48","modified_gmt":"2025-09-13T08:21:48","slug":"india-targets-global-top-20-ranking-for-two-psbs-under-viksit-bharat-2047-plan","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/india-targets-global-top-20-ranking-for-two-psbs-under-viksit-bharat-2047-plan\/","title":{"rendered":"India Targets Global Top 20 Ranking for Two PSBs Under Viksit Bharat 2047 Plan"},"content":{"rendered":"\n<p>In a bold move to reshape India\u2019s financial landscape, the government has announced its intention to elevate <strong>two public sector banks (PSBs)<\/strong> into the <strong>top 20 global banks by asset size<\/strong> as part of the <strong>Viksit Bharat 2047<\/strong> vision. This strategic goal was unveiled during the <strong>PSB Manthan 2025<\/strong> conclave in New Delhi, where senior officials from the Department of Financial Services (DFS) and top banking executives gathered to chart the future of India\u2019s public banking sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Vision: Global Scale for Indian Banks<\/h2>\n\n\n\n<p>Currently, <strong>State Bank of India (SBI)<\/strong> ranks 43rd globally in terms of asset size, and no other Indian PSB features in the top 50. The government\u2019s roadmap aims to change that by scaling up at least two PSBs to global standards through:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Organic growth in business volumes<\/strong><\/li>\n\n\n\n<li><strong>Adoption of advanced technologies<\/strong><\/li>\n\n\n\n<li><strong>Improved governance and board autonomy<\/strong><\/li>\n\n\n\n<li><strong>Enhanced customer experience and credit delivery<\/strong><\/li>\n<\/ul>\n\n\n\n<p>This initiative aligns with India\u2019s broader economic trajectory, as the country is poised to become the <strong>third-largest economy<\/strong> by 2030. Experts argue that such an economy must be backed by <strong>globally competitive banks<\/strong> capable of supporting infrastructure, trade, and digital transformation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Consolidation and Capacity Building<\/h2>\n\n\n\n<p>India began consolidating its PSBs in 2019, merging 10 banks into four large entities. This led to the creation of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Punjab National Bank (PNB)<\/strong> through the merger of OBC and UBI<\/li>\n\n\n\n<li><strong>Canara Bank<\/strong>, now the fourth-largest lender<\/li>\n\n\n\n<li><strong>Union Bank of India<\/strong>, formed by merging Andhra Bank and Corporation Bank<\/li>\n\n\n\n<li><strong>Indian Bank<\/strong>, strengthened by the merger with Allahabad Bank<\/li>\n<\/ul>\n\n\n\n<p>As a result, India now has <strong>seven large PSBs<\/strong> and <strong>five smaller ones<\/strong>, down from 27 in 2017. While further consolidation is not currently on the agenda, the focus is on <strong>organic expansion<\/strong>, <strong>digital modernization<\/strong>, and <strong>strategic capital infusion<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Themes from PSB Manthan 2025<\/h2>\n\n\n\n<p>The two-day conclave highlighted several priorities:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Credit growth in MSMEs and agriculture<\/strong><\/li>\n\n\n\n<li><strong>Cybersecurity and AI adoption<\/strong><\/li>\n\n\n\n<li><strong>Improving CASA ratios and profitability<\/strong><\/li>\n\n\n\n<li><strong>Board-level reforms and governance standards<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Senior officials emphasized that scaling up PSBs will require not just size, but <strong>efficiency, innovation, and resilience<\/strong>\u2014hallmarks of global banking leaders.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strategic Implications for Traders and Investors<\/h2>\n\n\n\n<p>This announcement has sparked renewed interest in banking stocks, particularly PSBs with strong fundamentals and growth potential. Traders can expect:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Short-term momentum trades<\/strong> in leading PSBs<\/li>\n\n\n\n<li><strong>Options strategies<\/strong> around banking sector volatility<\/li>\n\n\n\n<li><strong>Swing setups<\/strong> in mid-cap financials<\/li>\n\n\n\n<li><strong>BTST trades<\/strong> ahead of policy-driven rallies<\/li>\n<\/ul>\n\n\n\n<p>For those navigating these opportunities, <strong>Eqwires<\/strong> stands out as the:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Best SEBI Registered Eqwires Research Analyst in India<\/strong><\/li>\n\n\n\n<li><strong>Best option trades providers<\/strong> for high-conviction setups<\/li>\n\n\n\n<li>Experts in <strong>stock options<\/strong> and <strong>best options trading strategies<\/strong><\/li>\n\n\n\n<li><strong>Best equity tips provider<\/strong> for swing and positional trades<\/li>\n\n\n\n<li><strong>Best intraday tips provider<\/strong> with precision entries<\/li>\n\n\n\n<li><strong>Best stock market tips provider<\/strong> across all market conditions<\/li>\n\n\n\n<li>Widely recognized as the <strong>best stock market company in India<\/strong> for disciplined, data-driven trading support<\/li>\n<\/ul>\n\n\n\n<p>Whether you&#8217;re positioning for long-term gains or capturing short-term moves, Eqwires delivers the clarity, consistency, and edge that serious traders demand.<\/p>\n\n\n\n<p id=\"0\"><strong><a href=\"https:\/\/www.eqwires.com\/tutorials\/who-is-the-best-sebi-registered-investment-advisor-in-i\">Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a href=\"https:\/\/www.eqwires.com\/\">Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.eqwires.com\/\" target=\"_blank\">Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><a href=\"mailto:info@eqwires.com\"><strong>info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong><a href=\"https:\/\/t.me\/eqwires\">Telegram&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/www.facebook.com\/eqwires\/\">Facebook&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/instagram.com\/Eqwires\">Instagram<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong>Call: +91 9624421555 \/&nbsp;<em>+91 9624461555<\/em><\/strong><\/p>\n\n\n\n<p><strong><a href=\"http:\/\/www.eqwires.com\/\">www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a bold move to reshape India\u2019s financial landscape, the government has announced its intention to elevate two public sector banks (PSBs) into the top 20 global banks by asset size as part of the Viksit Bharat 2047 vision. This strategic goal was unveiled during the PSB Manthan 2025 conclave in New Delhi, where senior officials from the Department of Financial Services (DFS) and top banking executives gathered to chart the future of India\u2019s public &hellip; <a href=\"https:\/\/www.eqwires.com\/tutorials\/india-targets-global-top-20-ranking-for-two-psbs-under-viksit-bharat-2047-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;India Targets Global Top 20 Ranking for Two PSBs Under Viksit Bharat 2047 Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":5112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-5111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/5111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=5111"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/5111\/revisions"}],"predecessor-version":[{"id":5113,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/5111\/revisions\/5113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/5112"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=5111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=5111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=5111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}