Search For "public sector"
SC dismisses plea seeking to direct PSBs to invoke personal guarantees of
Updated : 5 years, 6 months ago IST
New Delhi [India], September 22 (ANI): The Supreme Court on Tuesday dismissed a petition seeking directions for the public sector banks to invoke personal guarantees of the defaulters by attaching their private properties.
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Centre conspiring against public sector, encouraging privatisation: Uttara
Updated : 5 years, 6 months ago IST
Dehradun (Uttarakhand) [India], September 19 (ANI): Uttarakhand Pradesh Congress Committee vice president Suryakant Dhasmana on Friday alleged that the Centre is conspiring against the public sector by encouraging privatisation.
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Ind-Ra downgrades Indian banking outlook to negative for H2
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 18 (ANI): India Ratings and Research (Ind-Ra) on Friday revised its outlook on the banking sector to negative for the second half of current financial year from stable.
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FM Nirmala Sitharaman unveils Doorstep Banking Services
Updated : 5 years, 6 months ago IST
New Delhi [India], September 10 (ANI): Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) on Wednesday, which will provide the convenience of banking services to the customers at their doorsteps.
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Five Petroleum and Gas sector PSUs to join International Solar Alliance:D
Updated : 5 years, 6 months ago IST
New Delhi [India], September 9 (ANI): Five Public Sector Undertakings (PSUs) under Petroleum and Natural Gas Ministry will be joining International Solar Alliance (ISA)'s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners and will be contributing to ISA's Corpus Fund,
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Cabinet nod to asset monetization of subsidiaries of Power Grid Corporatio
Updated : 5 years, 6 months ago IST
New Delhi [India], September 8 (ANI): The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on Tuesday approved monetisation of assets of POWERGRID, a Public Sector Undertaking (PSU) under Ministry of Power, through Infrastructure Investment Trust (InvIT)
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Stop privatisation, save govt jobs: Rahul Gandhi attacks Centre
Updated : 5 years, 6 months ago IST
New Delhi [India], September 7 (ANI): Congress leader Rahul Gandhi on Monday hit out at BJP-led central government alleging privatisation of Public Sector Undertakings (PSU) is linked to unemployment in the country.
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Moody's cracks down on five Indian public sector banks
Updated : 5 years, 6 months ago IST
Singapore, Sep 4 (ANI): Moody's Investors Service on Friday downgraded various instruments of five Indian banks: Bank of Baroda, Bank of India, Canara Bank, Punjab National Bank and Union Bank of India.
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Large, mid-sized Indian private banks to gain more market share: Fitch
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 3 (ANI): Indian private banks which have stronger loss-absorption buffers than the public sector banks are likely to gain market share from their state-owned peers in the medium term, Fitch Ratings said on Thursday.
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Equity indices gain after choppy session, auto and metal stocks rally
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Equity benchmark indices closed half a per cent higher on Wednesday after a volatile session with auto and metal stocks gaining ground but public sector banks slipped.
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Equity indices in the green, PSU banks on low swing
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 2 (ANI): Equity benchmark indices traded marginally higher during early hours on Wednesday with IT stocks gaining ground but public sector bank slipping due to profit booking.
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Indian public sector banks face fresh capital shortages as coronavirus bit
Updated : 5 years, 7 months ago IST
Singapore, Aug 21 (ANI): The sharp slowdown in India's economic growth exacerbated by coronavirus outbreak will hurt public sector banks' (PSBs) asset quality and drive up credit costs, Moody's Investors Service said in a new report on Friday.
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