Mumbai (Maharashtra) [India], June 25 (ANI): Equities showed resilience on Tuesday and benchmark indices zoomed in the afternoon trading with metal, PSU banks, energy and auto stocks leading the rally.
Mumbai (Maharashtra) [India], May 28 (ANI): Indian equities traded in a narrow range on Tuesday with auto and PSU bank stocks underperforming in a choppy session.
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) has imposed penalties on four public sector banks for non-compliance of its various directions.
New Delhi, Jan 28 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector, which is facing massive non-performing assets.
New Delhi [India] Dec 21 (ANI): All India Bank Officers' Confederation (AIBOC) will stage a protest today against the merger of Bank of Baroda, Vijaya Bank, and Dena Bank, and put forth a demand for immediate wage revision as per charter of demands.
New Delhi [India], June 26 (ANI): The Parliamentary Standing Committee on Tuesday met 11 Public Sector Undertaking (PSU) bank heads to submit a report in Monsoon session of Parliament, as per sources.
New Delhi [India], May 14 (ANI): Leading fintech lender to the MSMEs, Aye Finance, has raised over Rs. 30 crore from the State Bank of India (SBI), the largest Public Sector Undertaking (PSU) bank in India.
Mumbai (Maharashtra) [India], Mar. 21 (ANI): Market indices got off to a positive start on Wednesday morning backed by a positive lead from global peers.
Mumbai (Maharashtra) [India], Oct. 25 (ANI): Market indices on Wednesday registered all-time highs in the opening trade with the Bombay Stock Exchange (BSE) Sensex surpassing 33,000 mark, and the Nifty trading at 104.80 points (1.03 percent) to 10,312.50.
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
New Delhi [India], October 24 (ANI): Chief Economic Advisor Arvind Subramanian on Tuesday said that recapitalisation is a capital transaction and not a current transaction, which will not increase inflation.