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PSU BANS
Big banks urge RBI to rethink uniform forex exposure capIn recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...- Where’s the Indian mutual fund sector going ahead? 6 big trends to watch out forMutual fund trends highlight a structural shift in investor preference towards mid and small caps, sectoral themes, and multi-asset funds, ...
- Margin pressure to continue, banks with improved fee income will fare better: Rajneesh Karnatak, Bank of IndiaInternationally, we are present in 15 countries - US, UK, France, Belgium, Singapore, Japan, New Zealand and Africa, and so on. The GDP in ...
- News broadcasters body ''deplores'' Sonia Gandhi's suggestion of ban on media ads by governmentIn a letter to Prime Minister Narendra Modi, Congress president Sonia Gandhi made various suggestions for fighting COVID-19 including impos...
- Banks' overseas arms may have to rejig biz model after LoU banWith trade financing moving to LCs, importers will have to cough up additional costs as these instruments involve a commission fee along wi...
- Saying no can be career ending: Raghuram Rajan bares it all in freewheeling interviewIn the interview, Rajan also shed light on how his tenure ended, which had given rise to widespread speculation in various quarters.
- War of step-brothers: How rally in PSU bank shares made private lenders jealousSince the inception of Nifty Private Bank index in March 2016, the benchmark has risen over 30% compared with a 48% rally seen in Nifty Pub...
- PNB, Indian Bank, others gain up to 2% on hopes of higher capital infusionBanking sector is one sector which has been reeling under pressure from a decade low credit offtake and rising non-performing assets (NPAs).
- Budget 2017 wish list: Banks eye extension to AQR deadline, capital infusionTo fight stressed assets, the Budget may announce higher capital infusion. Also there are chances that cleaning up exercise could be extend...
- SC may ask Odisha to speed up grant of fresh mining leases, ban mining in state for 3 monthsA bench, comprising justices a K Patnaik, FMI Kalifullah and S S Nijjar hinted as much before they reserved their orders on the issue.
- Why should government employees resign to contest polls? PIL asksService rules for public sector undertaking employees prohibit them from becoming office-bearers of a political party or organization.
- Railway strips IRCTC of its selling pointThe railways have decided to snatch one more function from IRCTC — take over management of book stalls operational on station platforms.
- BSNL to scrap 5.5 mn GSM tender to include Chinese vendorsWith the government allowing Chinese vendors to supply equipments, state-owned BSNL has decided to scrap the 5.5 million lines tender for e...
- NTPC not to take former employees backNTPC has shut its doors on former employees wanting to make a comeback to the organisation seeking job security.
- No extra perks for babus on deputation to PSUsMoney may no longer be the charm for babus to join a public sector undertaking (PSU) on deputation .
- FM to meet bankers tomorrow in backdrop of monetary tighteningIn the wake of RBI's tightening of monetary measures, Finance Minister P Chidambaram is expected to ask public sector lenders to continue t...
- India allows export of non-basmati rice to BangladeshThe government has allowed export of 50,000 tons of non-basmati rice to Bangladesh even though there is a restriction on the commodity's ov...
- Babulog! Say bye to your PSU breakGovernment officials can no longer enjoy the luxury of switching jobs to PSUs for short periods.
- PSUs with majority govt stake barred from biddingPublic sector companies and co-operatives in which the government holds over 51 per cent of the equity will henceforth be barred from biddi...
- DoD lifts ban on foreign roadshows for PSU divestmentLIFTING a self imposed ban on road shows abroad for disinvestment of government equity in PSUs, disinvestment secretary Pradeep Baijal woul...
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