Search For "public sector"
Public Sector Banks treated as ATMs under Congress-led UPA rule: Sitharama
Updated : 1 year, 3 months ago IST
"PSBs were treated as 'ATMs' for their cronies and shady businessmen. It was actually during the UPA regime when bank employees were harassed and forced to give loans to cronies through "phone banking" by the then Congress-led UPA Govt functionaries," Sitharaman said.
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CBI arrests central PSU group's general manager, 2 others in Rs 10 lakh br
Updated : 1 year, 3 months ago IST
The Central Bureau of Investigation (CBI) has arrested the Group General Manager (GGM) of a central government Public Sector Undertaking (PSU), along with director of a private company and another person for allegedly accepting a bribe of Rs 10 lakh, the agency said in a statement on Sund
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Lok Sabha passes Banking Laws Amendment Bill; Sitharaman says public secto
Updated : 1 year, 3 months ago IST
Noting that all public sector banks are turning profitable, Finance Minister Nirmala Sitharaman said on Tuesday that banks are being professionally run under the Modi government and the total branches of all scheduled commercial banks have increased by 3,792 in a year to reach 1,65,501 in
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CBT approves guidelines for investment in units issued by PSU sponsored In
Updated : 1 year, 3 months ago IST
The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) has approved guidelines for investment in units issued by Public Sector Undertaking (PSU) sponsored Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs), Ministry of Labour
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Pakistan government to phase PSDP over 3 years to meet IMF requirements
Updated : 1 year, 4 months ago IST
The Pakistani government has decided to implement a phased approach for the ongoing Public Sector Development Programme (PSDP) over three years, aiming to ensure the timely completion of high-priority projects and meet the International Monetary Fund (IMF) requirements, the Dawn reported on
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"People from other countries come to India to learn about CAG": LS Speaker
Updated : 1 year, 4 months ago IST
Speaker of Lok Sabha, Om Birla on Saturday inaugurated the 4th Audit Diwas celebrations and highlighted India's expertise in public sector auditing, particularly through the Comptroller and Auditor General (CAG) of India.
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NTPC Green IPO to open on Nov 19th, can be subscribed for long term gains:
Updated : 1 year, 4 months ago IST
However. it cautioned that NGEL depends on imported solar panels and other components without long-term contracts, making it vulnerable to supply chain disruptions. Timely execution of its contracted projects will be a challenge for the company that could impact its financial performance.
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HPCL Partners with The Akshaya Patra Foundation to Feed 1000 School Childr
Updated : 1 year, 4 months ago IST
Bangalore (Karnataka) [India], November 16: Hindustan Petroleum Corporation Limited (HPCL) has partnered with The Akshaya Patra Foundation to support 1000 students of government and government-aided schools at Jodhpur, Lucknow and Vishakhapatnam under their CSR initiative.
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Public Sector Banks records strong performance in 1st half of FY25
Updated : 1 year, 4 months ago IST
The Indian Public Sector Banks (PSBs) reported a robust performance in the first half of the financial year 2024-25, with aggregate business standing at Rs 236.04 lakh crore, showing 11 per cent Year on Year growth, the Ministry of Finance said on Tuesday.
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Market capitalization of privately listed companies surged 6.4 times, PSUs
Updated : 1 year, 4 months ago IST
The market capitalization of private listed companies surged 6.4 times, reaching Rs 384 trillion, while Public Sector Undertakings (PSUs) grew 5 times, to Rs 72 trillion, over the last ten years, says a report by Motilal Oswal.
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Public sector banks outperformed private banks by a wide margin in net pro
Updated : 1 year, 4 months ago IST
The net profit of public sector banks has surpassed that of private sector banks by a wide margin on a Year-on-Year basis, highlighted a report by the State Bank of India.
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Department of Financial Services reviews credit disbursement to agri-allie
Updated : 1 year, 4 months ago IST
The Department of Financial Services (DFS) which functions under the Finance Ministry reviewed the progress of credit disbursement to agri-allied activities such as animal husbandry, dairying and fisheries with Public Sector Banks (PSBs), NABARD and State/ UT Level Bankers' Committee.
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