Tuesday, Mar 19, 2024 | Last Update : 02:06 PM IST

PSU banks

Stocks likely to rebound

Investors will be critically looking at industrial production data and the manufacturing output numbers, followed by inflation figures.

09 Sep 2019 1:32 AM

Doubting stock market punishes PSU banks

Investors are not convinced about the ability of anchor banks to absorb their weaker partners.

04 Sep 2019 12:42 AM

Bank employees stage protest against Centre's decision to merge PSU banks

Employees of all public and private sector banks wore black badges to work as a mark of protest to the govt's decision.

31 Aug 2019 2:19 PM

Changes to expect after FM’s announcements on PSU bank mergers

Finance Minister Nirmala Sitharaman said, ‘We want banks with strong national presence and enhanced risk appetite.’

30 Aug 2019 7:14 PM

FinMin assessing capital needs of PSBs; Budget may make provision for Rs 30,000 cr

The government made record capital infusion of Rs 1,06,000 crore in the public sector banks last fiscal.

17 Jun 2019 11:17 AM

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Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

The public sector banks would also require capital for the credit growth, which has just started picking up.

16 Jun 2019 3:27 PM

FinMin to launch ETF with bank stocks, fin institutions this fiscal

Govt is looking at diversifying the ETF basket by including stocks public sector banks and financial institutions.

26 May 2019 10:35 AM

Short covering in PSU scrips

Analysts said PSU banks looked oversold and there was short covering, with the market sentiment turning positive as the exit poll came as a surprise.

21 May 2019 2:34 AM

Market shows tremendous strength

The market will react to exit polls in early trade on Monday and that could set the tone for the rest of the day as well.

18 May 2019 2:51 AM

One or the other is lying: Mallya raises question on Indian Banks, PM Modi

In an interview to a news channel, Modi had expressed satisfaction over the fact that Mallya’s extradition process was in the last stage.

18 Apr 2019 9:42 AM

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Profit booking at higher levels likely

The Sensex closed up 198 points higher at 38,871, after touching a record 39,115.57 in morning trade.

02 Apr 2019 6:24 AM

Govt keen on merger of PSBs to create globally competitive, healthy large banks: Jaitley

Reserve Bank insisted that banks should provision for all stressed assets so that only sound banks survive.

28 Feb 2019 3:53 PM

PSU banks are told to lend more, create jobs

The Centre is keen to increase lending, especially to medium and small enterprises, which are the major job creators.

29 Jan 2019 1:14 AM

7 PSU banks set to get Rs 28,615 crore lifeline in 4 days

Of the 7 state-owned banks, Bank of India may get the highest amount of Rs 10,086 crore.

28 Dec 2018 11:21 AM

PSB officers on strike, protesting merger, seeking wage hike

Around 3.20 lakh officers from various state-run banks have called for a one-day strike.

21 Dec 2018 4:05 PM

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Govt to infuse Rs 42,000 cr in PSU banks by March; next tranche likely in Dec

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through the bonds.

26 Nov 2018 3:06 PM

Finance Ministry likely to stick to capital infusion programme for PSU banks

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through recap bonds.

23 Nov 2018 5:00 PM

PSU banks achieved 41 per cent of crop loan target in state

Farmers from thousands of villages have been suffering due to drought and lakh of farmers have failed to get loans from banks.

01 Oct 2018 2:33 AM

Heed Rajan’s advice to save India’s banks

The only conclusion is that banks are still tied to the government’s apron strings.

13 Sep 2018 12:32 AM

PSBs should have operational freedom like private players: official

There are limitations with respect to ownerships in public sector banks but those issues can be easily resolved.

24 Aug 2018 5:10 PM

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