Creamy layer tag deprives PSU wards of civil servicesCrucially, the axe on these OBCs this year comes despite a Delhi high court judgment in March which slammed the Centre’s method of calculat...
Potential future multibaggers? PSU bank stocks up 50% since JuneThe Nifty PSU bank index has risen over 13% since June compared with a 3% rise in Nifty50 in the same period. Allahabad Bank gained 20%, OB...
Avoid PSU banks as asset quality woes may continue to persist: Pankaj PandeySelectively, one can look at some of the tier I banking names from a two- to three-year perspective, says Pandey.
Fourth quarter earnings, rate cut hopes spark rally in public sector banksCNX PSU Bank index gained 2.9% on Thursday led by upsides in OBC, Allahabad Bank and Union Bank among others.
Invest in private banks on every fall: Ambareesh BaligaPSU banks still need to be a bit careful, private sector space is where one should be investing at every dip.
Bank of Baroda and UCO Bank stand out as winners from the banking pack: Prakash DiwanOut of the large cap pack, BOB wins hand down. On the midcap space, I would still go with the UCO Bank, he said.
- Banks look attractive: Ritu Arora, Canara HSBC OBC Life Insurance
Definitely. Banks continue to remain sector that I like because I believe in long-term growth story of India and banks are the other side o...
- Buy Indian Bank: Ashwani Gujral
You could probably take some buy trades and keep a stop at 190.
- Buy Oriental Bank of Commerce: Ashwani Gujral
OBC has had a pullback rally. Now from here all of these midcap PSU banks are likely to correct.
- Filling up of job quotas to get a better appraisal in government: Sources
Filling up of vacancies reserved for SCs/STs and OBCs in PSUs is proposed to be incorporated in their annual performance appraisal by the g...
- Private sector banks are much better poised: Ritu Arora, CIO, Canara HSBC OBC Life Insurance
So clearly private sector banks at this stage are stronger than PSU banks. Though PSU banks have attractive valuations.
- Union Bank, OBC hike lending rates by 25 bps
Two public sector lenders, Union Bank of India (UBI) and Oriental bank of Commerce (OBC), on Monday hiked their lending rates by 25 basis p...
- Buy OBC; target 400: Ashwani Gujral
"PSU banks have made a strong comeback, so OBC we can buy with a stop of about 365."
- Oriental Bank raises FD rates on two maturities by up to 50 bps
PSU lender Oriental Bank of Commerce (OBC) today raised fixed deposit rates up to 50 basis points on two select maturities.
- Buy Oriental Bank of Commerce: Kunal Saraogi
The overall stock looks very good and like all banking stocks this stock has done tremendously well.
- Midcap banks are the best place to be at right now: Satish Betadpur
In a chat with ET Now, Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC, talked about bank...
- We recommend OBC and UCO bank: PLC
Satish Betadpur in a chat with ET Now talks about the banking space.