Search For "public sector"
CPSE dividend payouts rise sharply in past 5 years, strengthening govt's n
Updated : 2 months, 3 weeks ago IST
Dividends received by the central government from Central Public Sector Enterprises (CPSEs) have recorded a steady and notable rise over the last five financial years, broadly surpassing the government's revised estimates (RE).
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Governance gaps hurting Pakistan's economy, urgent reforms needed: ICMA re
Updated : 2 months, 4 weeks ago IST
Pakistan requires immediate, coordinated and practical governance reforms to rebuild public trust, strengthen state institutions and improve economic performance, according to a comprehensive analytical review released by the Institute of Cost and Management Accountants of Pakistan (ICMA), T
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Centre should announce 3-year privatisation pipeline of Public Sector Ente
Updated : 3 months ago IST
The Confederation of Indian Industry (CII) outlined a comprehensive four-point fiscal strategy to strengthen India's macroeconomic stability, focusing on debt sustainability, fiscal transparency, revenue mobilisation, and expenditure efficiency.
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Private banks lead small business lending; PSBs lost share in last 2 years
Updated : 3 months ago IST
Private banks continue to dominate enterprise lending to small businesses in India, closely followed by public sector banks (PSBs), though the latter have seen a decline in their market share over the past two years, according to a report by Small Industries Development Bank of India (SID
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PSU banks gain market share from private lenders in personal, home and aut
Updated : 3 months ago IST
Public sector banks (PSBs) are steadily gaining market share from private sector lenders in key retail loan segments such as personal loans, home loans and auto loans, highlighted a report by JM Financial.
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 3 months, 1 week ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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REC Ltd completes verification of $500 mn and ¥61bn green bond usage
Updated : 3 months, 1 week ago IST
REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has successfully completed post-issuance assurance for its Green Bonds worth USD 500 million (ECB 74) issued in September 2024 and JPY 61.10 billion (ECB 66) issued in January 2024
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ParadigmIT and Pathsetter AI appoint Som Prakash Satsangi to the Board to
Updated : 3 months, 2 weeks ago IST
Hyderabad (Telangana) [India], December 9: ParadigmIT and Pathsetter AI, pioneers in AI-driven digital transformation and sovereign AI infrastructure, announced the appointment of Som Prakash Satsangi as a Non-Executive Board Member and Strategic Advisor. This appointment marks a significant
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India needs transparent GDP methods, robust surveys to reflect true state
Updated : 3 months, 3 weeks ago IST
India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.
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Vijay Mallya asks for appointment of retired judge to probe recovery claim
Updated : 3 months, 3 weeks ago IST
Fugitive Economic Offender Vijay Mallya has questioned the Central government and public sector banks over what he described as inconsistent statements on the amounts recovered from him, and demanded the appointment of a retired judge to investigate the matter.
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Nirav Modi, Mehul Choksi among 15 Fugitive Economic Offenders as of Octobe
Updated : 3 months, 3 weeks ago IST
Nirav Modi, Mehul Choksi, Vijay Mallya, Nitin Sandesara, Chetan Sandesara and Sudhir S Venkatramanare are among India's 15 Fugitive Economic Offenders (FEOs) as of October 31, 2025, as they together are responsible for causing financial losses of over Rs 58,000 crore to public sector bank
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Vijay Mallya, Nirav Modi among 15 declared Fugitive Economic Offenders cau
Updated : 3 months, 3 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary on Monday informed the Lok Sabha that a total of 15 individuals have been declared Fugitive Economic Offenders (FEOs) under the Fugitive Economic Offenders Act, 2018 (FEOA) as of October 31, 2025.
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