Search For "psu"
FM Nirmala Sitharaman to meet PSU Banks, RRBs heads for performance review
Updated : 1 year, 7 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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Centre approves appointments of new Chairman, Managing Director of State B
Updated : 1 year, 7 months ago IST
The central government has approved the appointment of the new chairman of State Bank of India as the incumbent Chairman Dinesh Kumar Khara is set to retire on August 28.
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PSU banks' gross non-performing assets showed a declining trend over the l
Updated : 1 year, 7 months ago IST
The gross NPAs (GNPA) of SCBs have shown a declining trend over the past five yeaRs As of March 31, 2020, the GNPA stood at Rs 8,96,082 crore, with a GNPA ratio of 8.21 per cent. By March 31, 2021, this figure had decreased to Rs 8,35,051 crore (GNPA ratio of 7.33 per cent), and further down
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Finance Ministry orders PSU insurers to extend all possible help to the vi
Updated : 1 year, 7 months ago IST
The Finance Ministry has ordered five public sector insurance companies to extend all the possible help to the victims of the calamity in Kerala to secure the insurance claims, the Finance Ministry said in a post on social media platform "X".
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Financial bids for IDBI bank likely this fiscal; PSU banks sale on hold: D
Updated : 1 year, 7 months ago IST
Pandey said, "We have to do it through a two-stage bidding process, where in the first stage we bring Expression of Interest (EoI) and thereafter they are taken to due diligence. You have to negotiate the share purchase agreements, and then go for financial bidding. Before that, there could
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Ministry of Defence undertakes mission of planting 15 lakh trees on Indepe
Updated : 1 year, 8 months ago IST
The plantation drive is a part of the 'Ek Ped Maa Ke Naam' campaign and will be conducted through three services and associated organisations such as DRDO, Defence PSUs, CGDA, NCC, Sainik schools and ordnance factories, as per a press release by the Ministry of Defence.
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BPCL Launches Innovative Drone Reforestation Project to Revitalize Nashik'
Updated : 1 year, 8 months ago IST
Nashik/ Mumbai (Maharashtra) [India], July 23: Bharat Petroleum Corporation Limited (BPCL), a leading Maharatna PSU, proudly announces a transformative reforestation initiative in the Nashik District of Maharashtra. This project, conducted in collaboration with the Forest Department - Nashik
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Government of India upgrades IRCTC to 'Schedule A' CPSE
Updated : 1 year, 8 months ago IST
Indian Railway Catering and Tourism Corporation (IRCTC), a Mini-Ratna PSU under the Ministry of Railways, has shared an achievement of a prestigious landmark in its 25th year of incorporation by entering the coveted group of Scheduled 'A' Public Sector Undertakings of the Government of India
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Indian Oil PSU's have global presence with net investments of USD 40.6 bn,
Updated : 1 year, 8 months ago IST
Union Minister Hardeep Singh Puri reviewed the overseas assets of India's energy sector which includes the foreign branches of the India PSUs. It includes majorly ONGC Videsh Ltd (OVL), Indian Oil Corporation Ltd (IOCL), Oil India Ltd (OIL), Bharat PetroResources Ltd (BPRL), GAIL India, and
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Petroleum Minister Hardeep Puri hails ONGC after share price skyrockets to
Updated : 1 year, 8 months ago IST
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, took to social media platform X (formerly known as Twitter) to celebrate this achievement.
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REC Ltd. avails green loan of USD 200 mn from Deutsche Bank
Updated : 1 year, 8 months ago IST
REC Ltd. a power financing PSU, has successfully availed a green loan of 31.96 Billion Japanese Yen (JPY) (equivalent to USD 200 million) from Deutsche Bank AG to finance eligible green projects in India.
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MoS Sanjay Seth stresses on need to improve efficiency, performance during
Updated : 1 year, 8 months ago IST
The Minister highlighted the need to improve performance, efficiency, and skills to compete with both Government PSUs and private industries.
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