Search For "public sector"
Amid volatility, Sensex, Nifty close flat: Construction, automobile, and P
Updated : 1 year, 9 months ago IST
Despite the lackluster overall market performance, the Construction, Automobile, and Public Sector Undertaking (PSU) banks sectors were the standout performers.
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SBI to raise USD 3 billion through debt in the current fiscal year FY25
Updated : 1 year, 9 months ago IST
India's largest public sector bank, State Bank of India, said through an exchange filing that its board has approved raising up to USD 3 billion via debt in the current financial year. In the exchange filing, the state-run lender says
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Moody's maintains stable outlooks on three Indian public sector banks
Updated : 1 year, 9 months ago IST
Moody's Ratings (Moody's) on Friday affirmed the Baa3 ratings on three Indian public sector banks -- Bank of Baroda (BOB), Canara Bank, and Punjab National Bank (PNB). The rating agency maintained stable outlooks on the long-term ratings of all three banks.
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Rate cut expected in Q3FY25, liquidity management will be a challenge for
Updated : 1 year, 9 months ago IST
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
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Greening the Mines: Coal and lignite PSUs lead the way in land restoration
Updated : 1 year, 9 months ago IST
According to a press release by the Ministry of Coal, amidst rising energy demands, these PSUs have not only ramped up coal production but have also made notable progress in environmental preservation through comprehensive land reclamation and greening efforts.
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Pakistan: VCs of public sector universities in Balochistan express concern
Updated : 1 year, 9 months ago IST
The Balochistan University of Information Technology, Engineering and Management Sciences vice chancellor, Khalid Hafeez, said that no funds will be available to meet expenditures of universities are the current fiscal year.
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Bad loans during UPA stifled credit needs of startups and small businesses
Updated : 1 year, 10 months ago IST
The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.
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Union Bank of India modernises risk management with SAS
Updated : 1 year, 10 months ago IST
New Delhi [India], May 29: Union Bank of India, a premier public sector bank in the country, has successfully modernised its risk management systems by implementing SAS solutions to enhance and streamline the Bank's risk operations and reporting through advanced model risk management solutio
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Amidst technology revolution, India's leasing sector to play a pivotal rol
Updated : 1 year, 10 months ago IST
The report underscores leasing as a pivotal mechanism for fostering growth across both private and public sectors, with implications for financial inclusion, particularly among micro, small, and medium enterprises (MSMEs).
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LIC quarterly results: Profit rises by 4.5 pc, Rs 6 per share final divide
Updated : 1 year, 10 months ago IST
Public sector insurer LIC (Life Insurance Corporation of India) posted a net profit of Rs 13,781.59 crore for the quarter ending on March 31, 2024. The company's net profit rose by 4.5 per cent from Rs 13,190.79 crore reported in the same period of the previous fiscal year
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PSU stocks continue to outperform, investors see PM Modi coming back
Updated : 1 year, 10 months ago IST
The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfor
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NTPC produced record electricity in FY24: declares dividend of Rs 3.25/ sh
Updated : 1 year, 10 months ago IST
Public sector power generator NTPC posted a consolidated net profit of Rs 6490.05 for the fourth quarter of 2023-24, up 33 per cent from Rs 4871.5 crore in 2022-23.
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