RBI weighs priority sector loans for electric vehiclesUnder the PSL framework, 40% of lenders' total credit must be compulsorily loaned to specific sectors. These sectors include agriculture, s...
06 Dec, 2021, 08.43 AM IST
Bank of Baroda goes to CBI with loan fraud charges against PSL LtdPipe maker PSL Ltd stands accused of siphoning off Rs 700 crore from a dedicated account linked to GAIL projects, payments for which due to...
21 Jun, 2018, 11.06 PM IST
IDFC bank’s efforts to meet priority sector lending norms to help microfinance firmsIDFC Bank confirmed that it is looking to buy priority sector loans without discussing the names. Currently, the bank on-lends to these ins...
06 Oct, 2016, 08.54 AM IST
Nabard's rural infrastructure development fund needs a relook, says RBI officialJoshi said pouring money into RIDF, which fetches banks returns that are notch lower than yield from loans, is not enalty in strict sense.
26 Aug, 2014, 07.05 PM IST
- PSL posts marginal growth in Q1 net profit at Rs 14.81 crore
PSL today posted a marginal increase in net profit for the June 30 quarter at Rs 14.81 crore as against Rs 14.48 crore in the same period l...
09 Aug, 2012, 06.28 PM IST
- PSL bags Rs 570 cr order from IOC for pipeline project
PSL today said it has bagged an order worth Rs 570 crore from IOC for manufacturing of pipes and provision of ancillary coating services.
11 Apr, 2012, 03.18 PM IST
- 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.
15 Feb, 2012, 10.08 PM IST
- 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...
15 Feb, 2012, 03.18 PM IST
- Banks not sure of meeting priority sector lending target
With credit growth not picking up owing to a high interest rate regime, many banks are now apprehensive about meeting their PSL target in t...
02 Feb, 2012, 10.45 PM IST
- PSL's proposed Gujarat SEZ plan may get delayed
Pipe maker PSL's plan to develop a special economic zone (SEZ) in Gujarat is likely to get delayed due to imposition of minimum alternate t...
19 Jun, 2011, 11.15 AM IST
- 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...
18 Jun, 2011, 05.57 AM IST
- PSL targets orders worth $120 mn in next qtr
Steel pipe maker PSL Ltd today said it expects to bag projects worth over USD 120 million from India and the Middle East in the July-Septem...
16 Jun, 2011, 02.56 PM IST
- 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.
14 Jun, 2011, 08.18 PM IST
- PSL FZE receives $45 mn order from Japanese company
PSL, a manufacturer of high-grade pipes, on Tuesday said its international subsidiary PSL FZE, based in Sharjah, has received an order wort...
13 May, 2008, 10.25 PM IST
- PSL plans to double capacity at Sharjah unit
PSL, one of the leading pipe makers of the country, will double its capacity at its just-commissioned plant in Sharjah to cater to the dema...
19 Jun, 2007, 03.05 AM IST
- PSL in JV for pipe plant in US
PSL, one of India’s largest pipe makers, has formed a joint venture with US-based A&L group to build a plant in Mississippi that will meet ...
04 May, 2007, 01.18 AM IST
- PSL taps China's Wisco to set up steel pipe mill
PSL, one of the major steel pipe manufacturers in the country, is in talks with China’s second largest steel producer Wuhan Iron and Steel ...
24 Jul, 2006, 02.55 AM IST