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NEWS
Sensex climbs 560 points, Nifty closes above 22,300 led by PSU banks and consumer durables
Tue, Apr 23, 2024     Source : Financial Express
The losers on Monday include NTPC, HDFC Bank, JSW Steel, IndusInd Bank, and Bajaj Auto.
NEWS
5 PSU banks to reduce govt shareholding to meet MPS norms
Fri, Mar 15, 2024     Source : Economic Times
Five public sector lenders, including Bank of Maharashtra, IOB and UCO Bank are planning to reduce government stake to less than 75 per cent to comply with Sebi's minimum public shareholding (MPS) norms, F...
NEWS
Finmin asks PSU banks for comprehensive review of their gold loan portfolio
Thu, Mar 14, 2024     Source : Economic Times
The finance ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government.
MUTUAL FUNDS NEWS
For next 3-4 years, PSU banks can be a good bet: Sunil Subramaniam
Sat, Feb 17, 2024     Source : Economic Times
Two-wheelers with lack of growth and rural demand, obviously were not the hottest pick last year but are showing better numbers and will do so through the summer.
NEWS
RBI raises the governance premium for PSU banks on the road to 2047
Mon, Jun 05, 2023     Source : Business Standard
The Governor of the RBI has for the first time provided a peek into the power structures within bank boards
NEWS
Bank of Maharashtra tops list of PSU lenders in credit growth in Q2
Mon, Nov 14, 2022     Source : Business Standard
Bank of Maharashtra emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during second quarter of 2022-23
NEWS
What counts for PSU banks is reforms not ownership
Wed, Aug 24, 2022     Source : Mint
An article in the current issue of the RBI Bulletin argues for a gradual approach to privatization of public sector banks, and cautions against sudden, wholesale privatization.
NEWS
Public sector banks up loan growth target as corporate demand sees revival
Mon, Feb 07, 2022     Source : Business Standard
Large public sector banks (PSBs) have revised upwards their credit growth target for the current financial year
NEWS
Bank of Maharashtra tops PSU banks in terms of loan, deposit growth
Sat, Jun 12, 2021     Source : Business Line
BoM recorded a 13.45% increase in gross advances at Rs.1.07 lakh cr in 2020-21
NEWS
Break-even year for bleeding PSU banks
Tue, Dec 29, 2020     Source : Economic Times
The economy has shrunk 15.7% in the first half, jobs have been lost, incomes have contracted and uncertainty hangs over high-contact services with the survival of many in doubt.
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Will Midcaps outperform Large caps in 2020?
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