Public sector banks (PSBs) continue to dominate in terms of the value of transactions made through ATMs and cash deposit machines (CRMs), while private sector banks maintained a strong lead in online (e-commerce) transaction value, according to the data from a report by Indus Equity.
NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited -- a Navratna PSU under the Ministry of Coal -- has been awarded a landmark 500 MWh Battery Energy Storage System (BESS) project by Tamil Nadu Green Energy Corporation Limited (TNGECL).
The credit growth of Indian banks moderated in the Financial Year 2025, yet Public Sector Banks (PSBs) gained the market share, outperforming their Private Banks (PVBs) counterparts, according to a report by the Union Bank of India.
Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Tuesday held a meeting with the officials of the Ministry and Chief Managing Directors (CMDs) of India's energy sector Public Sector Units (PSUs) to discuss policy of portability from one OMC to another for the consumers.
"All necessary fluids and equipment have been mobilised to the site. A comprehensive well control plan has been formulated, and pumping operations commenced following the successful installation and testing of essential connections," the PSU added in the release.
The Indian banking and financial services industry (BFSI) is currently experiencing a dynamic period characterised by moderate credit growth expectations alongside evolving profitability pressures, according to a report by Boston Consulting Group (BCG).
Corporate bond yields softened in 2024-25, tracking the decline in government securities (G-sec) yields, according to the Reserve Bank of India's annual report released on Thursday.
Chennai (Tamil Nadu) [India], May 29: Supreme Power Equipment Limited (SPEL), (NSE Code: SUPREMEPWR), one of the leading manufacturers of power and distribution transformers, is pleased to announce the receipt of a significant domestic order valued at Rs60.90 Cr from NLC India Limited (NIL),
India's government-owned non-bank financial institutions are expected to grab more market share in the coming year or two, according to S&P Global Ratings. It projected a sustained strong growth for the government-owned non-bank financials.