Search For "psu bank"
Indian PSU banks post market cap declines in January-March quarter
Updated : 1 year, 1 month ago IST
Seven of the 12 biggest Indian banks that reported a decline in their market cap in the January-March 2025 quarter were state-owned, according to S&P Global Market Intelligence data and analysis.
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Long-term reforms rather than short-term measures expected from the first
Updated : 1 year, 3 months ago IST
Later, in the first full budget of his second term in 2019 the focus shifted towards bolstering domestic manufacturing, advancing the Aatma-Nirbhar Bharat initiative, cutting corporate taxes, and promoting green energy, fuelling a surge in market capitalization, profitability of domestic cyc
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Indian banks facing margin pressure amid high interest rate and declining
Updated : 1 year, 3 months ago IST
Indian banks are facing margin pressure as loan growth slows amid high interest rates, according to a report by S&P Global Market Intelligence.
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Agrochemical, PSU banks, OMCs, consumer durable, and retail to show strong
Updated : 1 year, 4 months ago IST
The Nifty 50 companies, excluding financial, telecom, cement, and commodity sectors, are expected to show subdued growth in their financial performance for the third quarter of FY25, according to a report by Antique Stock.
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Over 1.10 crore new credit cards issued in last 1 year, private bank domin
Updated : 1 year, 4 months ago IST
The credit card market in India has witnessed significant growth over the past year, with more than 1.10 crore new credit cards issued, according to a report by Indus Equity Advisors.
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Govt announces new performance-linked incentives for PSU banks' senior exe
Updated : 1 year, 6 months ago IST
The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively from the financial year 2023-24.
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Q2 earnings reflect weak performance of FMCG, auto, consumer durables; PSU
Updated : 1 year, 6 months ago IST
The Q2 FY25 earnings season has highlighted challenges across several sectors, causing concern among investors as many companies reported weaker-than-expected performance.
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MSMEs will get collateral free loans of upto Rs 100 cr through a new cre
Updated : 1 year, 6 months ago IST
Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks.
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Sensex sheds 398 points on profit booking; August inflation data eyed for
Updated : 1 year, 8 months ago IST
Indian stock indices closed Wednesday trade in the red, dragged by a broad-based fall virtually in all the sectoral indices, particularly the media, metal, PSU bank, realty, oil and gas. Profit booking at higher levels also dampened investors sentiment, said analysts.
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Indian stock indices log minor losses due to profit booking
Updated : 1 year, 8 months ago IST
Indian stock indices closed Wednesday's trade marginally in the red, mirroring weak cues from the US markets and along with weakness in domestic IT and PSU bank stocks. Profit booking at higher levels also dented the stock indices.
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Deposit growth of banks will pick up from coming quarters: Axis Securities
Updated : 1 year, 9 months ago IST
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
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FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review
Updated : 1 year, 9 months ago IST
Union Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting at Vigyan Bhawan on Monday to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
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