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Psu Bank

Govt committed to privatisation of two public sector banks: Report

According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation

Govt committed to privatisation of two public sector banks: Report
Updated On : 10 Feb 2023 | 4:53 PM IST

Farm-loan waiver, tax cuts, fiscal prudence: Expectations from Budget 2022

With five state elections in the coming months - Uttar Pradesh and Punjab being the major ones - some populist measures are also not ruled out, analysts said.

Farm-loan waiver, tax cuts, fiscal prudence: Expectations from Budget 2022
Updated On : 27 Jan 2022 | 12:46 AM IST

ICICI Bank raises Rs 5,000 crore through 10-year bonds

Compared to private sector entities, public sector-owned firms are able to get 5-10 basis points finer rates

ICICI Bank raises Rs 5,000 crore through 10-year bonds
Updated On : 18 Dec 2021 | 12:03 AM IST

Stocks to Watch: RIL, ICICI Bank, PSBs, Tata Consumer, IEX, Yes Bank, Zee

State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results

Stocks to Watch: RIL, ICICI Bank, PSBs, Tata Consumer, IEX, Yes Bank, Zee
Updated On : 22 Oct 2021 | 9:29 AM IST

SBI stock trades higher for third straight session, nears record high

The stock was up 1.4 per cent at Rs 471 on the BSE in Wednesday's intra-day trade, quoting close to its record high of Rs 471.85 touched on September 17, 2021

SBI stock trades higher for third straight session, nears record high
Updated On : 06 Oct 2021 | 10:25 AM IST

PSU banks mobilise record fund of Rs 58,700 crore from markets in FY'21

Notwithstanding economic disruptions caused by the pandemic, PSBs have managed to raise a record Rs 58,700 crore from markets in FY2020-21 through a mix of debt and equity to enhance capital base.

PSU banks mobilise record fund of Rs 58,700 crore from markets in FY'21
Updated On : 01 Aug 2021 | 5:34 PM IST

Banks' NPAs decline to Rs 8.34 trillion at March-end 2021: Minister

Scheduled commercial banks were carrying NPAs worth Rs 8.96 trn on their balance sheet at the end of March 2020

Banks' NPAs decline to Rs 8.34 trillion at March-end 2021: Minister
Updated On : 27 Jul 2021 | 1:57 AM IST

PSU banks to follow template with three loan buckets for recast 2.0

Lenders come out with standardised products to help mitigate Covid crisis

PSU banks to follow template with three loan buckets for recast 2.0
Updated On : 30 May 2021 | 10:27 PM IST

Key factors that led to a market crash on Monday

The selling in the market was mostly broad-based, with only stocks from the information technology (IT) sector managing to hold their head above water

Key factors that led to a market crash on Monday
Updated On : 05 Apr 2021 | 3:41 PM IST

Govt unlikely to continue with zero-coupon bond route to recap PSU banks

To save interest burden and ease the fiscal pressure, the government last year decided to issue zero-coupon bonds for meeting the capital needs of the banks

Govt unlikely to continue with zero-coupon bond route to recap PSU banks
Updated On : 28 Mar 2021 | 11:40 AM IST

Privatisation of PSU banks will compromise financial security: Cong MP

Congress MP Ravneet Singh on Tuesday said privatisation of public sector banks will compromise financial security

Privatisation of PSU banks will compromise financial security: Cong MP
Updated On : 16 Mar 2021 | 2:59 PM IST

Amalgamation has led to all-round gains for merged entity: Indian Bank MD

In a Q&A, Padmaja Chundru says issues like equal stature of Allahabad Bank and Indian Bank and retirement of 10 GMs were addressed fairly with continuous communication with staff and customers

Amalgamation has led to all-round gains for merged entity: Indian Bank MD
Updated On : 09 Mar 2021 | 1:06 AM IST

Public sector banks extend gain; PNB, Canara Bank up over 5%

PNB gained 15 per cent in the last week after the bank said ICRA Ratings has upgraded the ratings of Bonds issued by the Bank and reaffirmed the rating of Certificate of Deposits

Public sector banks extend gain; PNB, Canara Bank up over 5%
Updated On : 27 Nov 2020 | 2:53 PM IST

To privatise or not? Key questions answered on shedding govt stake in PSB

There is a growing consensus in favour of the move, but strengthening governance and widening the ambit of acceptable investor groups are critical to its success

To privatise or not? Key questions answered on shedding govt stake in PSB
Updated On : 09 Nov 2020 | 9:49 PM IST

Budget 2020: Govt unlikely to announce capital infusion for PSU banks

Besides, sources said, banks may also look for divesting or selling their non-core business as part of fund raising exercise during 2020-21

Budget 2020: Govt unlikely to announce capital infusion for PSU banks
Updated On : 10 Jan 2020 | 3:53 PM IST

Trading strategies for volatile banking space

The Nifty PSU Bank Index is much less tracked because it doesn't offer liquid F&O contracts

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Updated On : 22 Mar 2018 | 5:56 AM IST

Small PSU banks rally; Dena Bank, UCO Bank up over 9%

Vijaya Bank, Allahabad Bank, IDBI Bank, IOB, United Bank and Syndicate Bank were up 5% and 7%.

Small PSU banks rally; Dena Bank, UCO Bank up over 9%
Updated On : 14 Jun 2017 | 3:18 PM IST

Arun Jaitley to review performance of PSU banks

He will also review the performance of the lenders

Arun Jaitley to review performance of PSU banks
Updated On : 10 Jun 2017 | 1:50 AM IST

Govt may approve one more PSU bank consolidation by March 2018

Enthused by success of SBI merger, finance ministry is considering clearing another such proposal

Govt may approve one more PSU bank consolidation by March 2018
Updated On : 10 Jun 2017 | 1:47 AM IST