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PSL INFRASTRUCTURE
Microfinance stress under control, deposit rates likely to remain unchanged: V Vaidyanathan, IDFC First BankIDFC First Bank will not raise deposit rates soon after recent cuts. The bank is focusing on growth in mortgage, vehicle, and consumer loan...
NABARD launches Rs 2.62 lakh crore credit plan for Delhi; proposes ‘nano, mini’ units to boost MSME accessThe plan emphasises inclusive credit planning and tailored development pathways for balanced growth across the National Capital Territory.
BFSI stocks in focus as RBI revises priority sector lending guidelines to boost credit accessThe RBI's revised Priority Sector Lending (PSL) guidelines, effective April 1, 2025, aim to improve credit access to key sectors like housi...
RBI unveils revised guidelines on priority sector lending to boost credit accessThe Reserve Bank of India has announced new guidelines for Priority Sector Lending (PSL), effective from April 1, 2025. These revised provi...
Budget 2025: Why Nirmala Sitharaman needs to revamp priority sector lending and how it can drive growthBudget 2025: The CII has recommended changes to India's lending policy for the 2025 budget. They want a review every 3-4 years. CII suggest...
Include emerging sectors under priority sector lending: CIIThe Confederation of Indian Industry (CII) advocates for revising the Priority Sector Lending (PSL) framework. They propose including secto...
CII seeks reforms in India's priority sector lending frameworkIndia's industry body, CII, recommends changes to the Priority Sector Lending policy. CII suggests adding new sectors like digital infrastr...
New Priority Sector Lending guidelines to be out by April-end: Raghuram RajanRajan said the new norms will be as per the RBI's desire to make banking be ownership-neutral and these are the "path adjustment" which wil...
RBI report for trading PSL certificates, adding more sectorsOn the education loans under the PSL category, the report has recommended a cap of Rs 10 lakh per borrower for both domestic education.
- PSL bags Rs 742-crore orders from Middle East
Pipe manufacturer PSL today that said it has bagged orders worth Rs 742 crore along with its Middle East subsidiary PSL FZE.
- PSL Ltd gets orders worth Rs 742 crore of pipe manufacturing & ancillary coating services
The contracts came from infrastructure majors such as Leighton Offshore, Larsen & Toubro, Nagarjuna Construction, Pratibha Industries and o...
- PSL bags Rs 280 cr order from Gujarat Water Infra
Steel pipes manufacturer PSL today said it has won Rs 280 crore order for supplying coated pipes for Gujarat Water Infrastructure Ltd.
- PSL to invest up to Rs 500 cr in port construction
Steel pipe maker PSL, which recently got one of the largest gas pipeline contracts, is exploring options of entering port construction busi...
- PSL bags Rs 753 crore order to supply pipe for 735 km
The company will supply line pipe and three-layer polyethylene coating for GAIL's Kochi-Koottanad-Bangalore- Mangalore Gas Pipeline project.
- Pipavav Shipyard: Sale to boost cash flows, reduce debt
Punj Lloyd, one of the co-promoters of Pipavav Shipyard (PSL), has sold its entire 19.4% stake in PSL for Rs 656.46 crore at an average pri...
- SKIL Infra plans share sale to PE funds to raise $300 mn
SKIL will buy Punj’s 19.5% stake in India’s first private shipyard on Monday morning in a block deal on the stock exchange.
- SKIL Infra plans share sale to PE funds to raise $300 mn
Pipavav Shipyard promoter SKIL Infrastructure plans to raise up to $300 million by selling shares to private equity funds just before an IP...
- Pipavav Shipyard to raise $125m
Pipavav Shipyard co-promoters raising $125 million private equity through pre-IPO deals.
- Punj Lloyd buys 25% in Pipavav Shipyard
The New Delhi-based infrastructure major Punj Lloyd has acquired a 25.1% stake in Pipavav Shipyard for Rs 403 crore.
- Kenexa announces acquisition of PSL
Kenexa, a leading provider of software, services and proprietary content has announced the acquisition of Psychometric Services Limited (PS...