Search For "public sector"
Aggressive competition from PSBs will be a risk for prolonged slower growt
Updated : 7 months, 2 weeks ago IST
Aggressive competition from Public Sector Banks (PSBs) poses a significant risk of prolonged slower growth for Private Sector Banks (PVBs), according to a report by Bernstein.
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HMPL's Subsidiary Quippo Oil & Gas Infrastructure Secures Rs. 280.1 Cr
Updated : 7 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], August 11: Hazoor Multi Projects Ltd. (HMPL), one of India's fastest-growing infrastructure and engineering enterprises, is pleased to announce that its recently acquired subsidiary, Quippo Oil & Gas Infrastructure Ltd., has been awarded a contract valued at
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Rajnath lays foundation of rail coach facility in MP's Raisen, calls BEML
Updated : 7 months, 2 weeks ago IST
Defence Minister Rajnath Singh on Sunday laid the foundation stone of Greenfield Rail Manufacturing facility 'BRAHMA' of BEML - a public sector undertaking, in Madhya Pradesh's Raisen, calling it a key step in boosting India's industrial and defence self-reliance.
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Cabinet approves Rs 30,000 crore as compensation to oil companies for LPG
Updated : 7 months, 2 weeks ago IST
The Union Cabinet chaired by Prime Minister Narendra Modi has approved compensation amounting to Rs 30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under- recoveries incurred on sale of domestic LPG.
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PSBs outperform private banks in credit growth 11% Vs 8.1% in Q1FY26: Care
Updated : 7 months, 2 weeks ago IST
Public Sector banks (PSBs) performed better than Private sector banks (PVBs), PSBs credit rate growth was 11 per cent as compared to 8.1 per cent of PVBs in Q1 of the Financial Year, according to a report by CareEdge.
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IBM launches AI-ready 'Power11' servers for enterprises in India
Updated : 7 months, 2 weeks ago IST
Developed with significant contributions from the IBM India Systems Development Lab (ISDL), IBM Power11 is specifically designed for enterprises that run complex, mission-critical, data-intensive workloads, including banking, retail, telecom, healthcare, and the public sector.
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Gross NPAs reduce from 9.11% to 2.58% from March 2021 to March 2025: Govt
Updated : 7 months, 2 weeks ago IST
Public sector banks saw a sharp decline in their gross NPAs from ₹6.17 lakh crore in March 2021 to ₹2.84 lakh crore in March 2025.
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KredX's DTX Platform and Canara Bank Partner to Supercharge Digital Trade
Updated : 7 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], July 22: KredX, India's leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India's prominent public sector banks. This collaboration aims to significantly broaden the reach of digital
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Bank of Baroda Inaugurates New Zonal Office in Raipur
Updated : 8 months, 1 week ago IST
Raipur (Chhattisgarh) [India], July 18: Bank of Baroda, one of India's leading public sector banks, inaugurated its new Zonal Office premises in Raipur, which will cover the entire state of Chhattisgarh with Bank's endeavor to strengthen its presence and deepen customer outreach.
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Private banks losing market share across segments, Public sector banks, NB
Updated : 8 months, 1 week ago IST
Private banks are losing market share across segments, while public sector banks (PSBs) and non-banking finance companies (NBFCs) continue to gain ground, according to a recent report by JM Financial.
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Union cabinet approves investment exemption for NLCIL to accelerate renewa
Updated : 8 months, 1 week ago IST
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, has approved a special exemption for NLC India Limited (NLCIL) from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises (CPSEs), said CCEA in a statement.
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Union Cabinet approves investment exemption for NLCIL to accelerate renewa
Updated : 8 months, 1 week ago IST
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, has approved a special exemption for NLC India Limited (NLCIL) from the prevailing investment guidelines applicable to Navratna Central Public Sector Enterprises (CPSEs).
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