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About 1291 results for "psu"

Government Proposes to Infuse Rs 70,000 Crore in PSU Banks, SBI Soars
NDTV Profit

Corrective steps needed so that infused capital in PSU banks d...

In an interview with ET Now, Amisha Vora, Joint MD, Prabhudas Lilladher, shares her views on fund infusion in PSBs. Excerpts: ET Now: Rs 25,000 crore infusion in PSBs this it going to be enough? Will it enthuse the PSU banking lot? This ... Economic Times, 7 hours ago
Business Insider India

CNX PSU Bank index surges 5% on government capital infusion plan

Banking shares mainly public sector undertakings (PSU) were trading higher by up to 7% on the bourses after the government propose to infuse Rs 70,000 crore in PSU banks over four years. Union Bank of India (Rs 176), IDBI Bank (Rs 66.45) and Canara ...
 Business Standard India8 hours ago Sensex zooms over 300pts, Nifty strong; ICICI, SBI up 4-6%  Money Control9 hours ago Nifty Opens Higher In Trade; PSU Banking Stocks Rally  Oneindia12 hours ago Bank of Baroda holds its position at Dalal street  Business Insider India1 day ago
NDTV Profit

Govt equity for PSU banks to be in 3 tranches: Banking Secy

The government is already looking in to the problems in the steel sector and their fall out on the banking sector, Adhia said. T he proposed Rs 12,010 crore government equity infusion into state-owned banks will happen in three tranches ...
 Moneycontrol.com7 hours ago PSU Banks Recapitalisation: Government Seeks Additional Rs 12,110 Cr  NDTV Profit10 hours ago PSU banks to get pvt sector execs | Auction of 120 greenfield mines  Economic Times1 day ago Prefer PSU banks for long term: Dilip Bhat  Money Control3 days ago

Govt seeks $4 billion spending boost, almost half for PSU banks

A file photo of finance minister Arun Jaitley. Photo: Pradeep Gaur/Mint New Delhi: Finance minister Arun Jaitley sought Parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be ...
 Livemint.com7 hours ago PSU stake sale: govt eyes overseas markets  Hindu Business Line1 week ago Govt looks overseas to push PSU stake sale  The Financial Chronicle1 week ago Government tapping overseas markets to push PSU stake sale  DNA1 week ago
Business Insider India

Govt seeks $1bn spending boost for PSU banks

NEW DELHI: . READ ALSO: High levels of non-performing assets in the state-run banks have made it hard for the government to revive investment or accelerate growth in Asia's third largest economy. State lenders account for more than 70 per cent of ...
 Times of India5 hours ago Know how PSU Banks braved market concerns!  Business Insider India9 hours ago Are toxic assets of PSU banks on the decline?  Business Standard India10 hours ago Avoid PSU banks as asset quality woes may continue to persist: Pankaj Pandey  Economic Times10 hours ago

PSU banks gain up to 7%; govt plans Rs 70K-cr capital infusion

NEW DELHI: Banking stocks were on a roll on Friday following reports that the government has proposed to infuse Rs 70,000 crore in public sector banks (PSBs) over the next four financial years. According to reports, the government is looking to ...
 Economic Times8 hours ago Govt seeks Parl nod to infuse Rs 12010 cr into PSU banks  Moneycontrol.com9 hours ago

EPFO maiden entry to equities fueling rally in the PSU stocks

Maiden entry of the Employee Provident Fund Organisation (EPFO) in the equity market from next Thursday has fueled the rally in Public Sector Enterprise (PSU) stocks. EPFO manages funds of employees from the organized sector which is worth about Rs ...
 Economic Times4 hours ago
Calcutta Telegraph

PSU banks jump up to 10% on good earnings

MUMBAI: Shares of public sector banks jumped after the second-biggest lender by assets Bank of Baroda, and Oriental Bank of Commerce reported better than expected earnings and due to early signs of concrete action by government to revive the banks.
 Economic Times17 hours ago Bad assets pinch bank quartet  Calcutta Telegraph2 days ago

NE states owe crores to Neepco

At a time when Neepco is trying to mobilise funds from the people, all the eight states of Northeast collectively owe the PSU an amount of Rs 1,187.58 crore. Assam and Meghalaya top the list of defaulters in payment to Neepco. "We are giving reminders as we ...
 The Telegraph19 hours ago

DoD to pick bankers for PSU disinvestment in early Aug

The department of disinvestment (DoD) will select merchant bankers and legal advisors for public sector undertakings (PSUs) in the first week of August, stepping up preparations for disinvestment in PSUs in FY16. On August 5, seven merchant ...
 Financial Express22 hours ago Merchant bankers bid for appointment to PSU stake sale  Can India News1 week ago
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