ImageMagick: convert to keep same name for converted image

Question

I am converting .psd to .png files inside folder with one. How to keep same name of every file in folder with different extension ?

For example I enter in folder ima

Answer 1

I like the top answer,

that being said, in later versions of ImageMagick, the command is

convert *.psd -set filename:basename "%[basename]" "%[filename:basename].png"

as also mentioned by @jan-glx and @jomel imperio