Searched for
PSB STAKE SALE
OPL in talks to sell stake to AvenuesAI, eyes AI-powered credit revolutionOnline PSB Loans (OPL) is in advanced talks to bring AvenuesAI on board as a minority stakeholder, with AvenuesAI planning to acquire a 7% ...- PSU banks’ profit set to cross Rs 2 lakh crore in FY26, says DFS Secretary NagarajuPublic sector banks are projected to surpass Rs 2 lakh crore in combined profits this financial year, driven by robust credit and deposit g...
- Govt seeks merchant bankers for selling equity in public sector banks, financial institutionsThe Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers to assist the government in i...
- Restructuring impacts even the smallest player: 5 not so much talked about PSU banksWhen it comes to PSU banks, all the limelight is taken by the top players, like SBI, BoB, PNB and one or two others. But the fact is that t...
- Is it time for them to get re-rated? Only for moderate risk takers, 5 mid & small-sized PSU banksWhen a sector gets re-rated, it is the leader of that particular sector which tends to get the attention in the first leg. If the fundament...
- PSB Privatisation Bill may allow government complete exitThe Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, requires the central government to hold at least 51% of public ...
- Bank privatisation: How should India go about it?Three key metrics of successful privatisation are competitive industry, good governance and sufficient capital to ensure solvency of, and p...
- View: Mega plans unleashed in the Budget to spur growth, now it's all about executionOverall, the budget will be remembered for many path-breaking reforms to spur growth. With the right policy initiatives, the focus should n...
- Stocks in the news: Bharat Forge, Prestige Estates, Titan, Eveready, BEL, Cipla, BoB and Divi's LabDefence stocks may gain after the Ministry of Defence said it has prepared a list of 101 items for which there would be an embargo on the i...
- Government unlikely to go for privatisation of PSBs this fiscalThe government stake in some PSBs has gone past 75% due to successive capital infusions for meeting regulatory ratios.
- HDFC, Kotak Bank eye PNB Housing FinancePromoters Punjab National Bank and Carlyle, which together own about 66% of the company, are looking to sell their stake to a large investo...
- PSU bank stake sale: How much sheen's left in the family silver after recent scams?The value in public banks was in the faith customers had in them and the infra they had — the envy of every private rival. But that sheen i...
- Budget 2017: Forgotten reforms becoming a non-performing asset for banking sectorPSBs are unwilling to sell their NPAs at the discounts mandated, given asset quality.
- LIC exposure to top 10 PSBs climbs 13% to Rs 39K cr despite asset quality woesGovernment last week announced Rs 22,915 crore capital infusion in 13 PSU banks. It also urged banks to come up with detailed plans on rais...
- Government will stick with reforms to push growth beyond 8%: Shaktikanta Das, Economic Affairs SecretaryOn banking sector reforms, he said the government has given clear assurance of supporting PSBs and if needed, more capital will be provided...
- Punjab & Sind Bank IPO subscription reaches 29.77 times on Day 3Robust demand from bidders saw PSB IPO getting subscribed 29.77 times on the third day, garnering demand worth Rs 14,287 cr.
- Punjab & Sind Bank IPO subscription reaches 4.7 times on Day 2The IPO witnessed total demand worth Rs 2,256 crore on the second day of subscription.
- Punjab & Sind Bank IPO subscribed 1.58 times on Day 1State-run Punjab & Sind Bank's (PSB) initial public offer was subscribed by 1.58 times on the first day of issue on Monday.
- 2 PSU banks may dilute govt stakeUnited Bank of India (UBI) and Punjab & Sindh Bank (P&S Bank) - the last two unlisted public sector banks - are keeping a close tabs on ben...
- BoI gets board approval to raise Rs 1,500 crBank of India (BoI) is raising funds in the range of Rs 1,400-1,500 crore to finance their forthcoming ventures, new initiatives and credit...
Load More
