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PSU FUNDRAISING
PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
Union Bank's board clears plans to raise up to Rs 8,000 crore via equity and debtIn a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or ...
Buy, Sell or Hold: Morgan Stanley remains overweight on PI Industries; Goldman Sachs retains buy on Bharat ElectronicsBrokerages are bullish on select large-cap stocks, with recent recommendations highlighting opportunities in defence, financial services, a...
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
Axis Bank, HDFC Bank, other bank stocks drop up to 2%, Nifty Bank falls 440 points. What lies ahead?Banking stocks dragged the Nifty Bank index lower by nearly 440 points amid weakness in heavyweight lenders like HDFC Bank and Axis Bank. B...
HDFC, Yes Bank, SBI, AU Small Finance Bank shares jump up to 4%. Key Nifty Bank levels to watch out forIndian bank stocks experienced a significant jump on Tuesday. AU Small Finance Bank, HDFC Bank, SBI, and Yes Bank saw notable increases. Th...
Rising yields attract HNIs to bonds: Inside the new debt allocation strategyEven as this volatility spills over into equity markets, high net worth individuals (HNIs) and ultra HNIs (UHNIs) are not pulling back shar...
IREDA declares Rs 0.60 interim dividend, sets record date; shares fall 3%Indian Renewable Energy Development Agency (IREDA) shares dipped nearly 3% after announcing an interim dividend of Rs 0.60 per equity share...
Indian Bank, NaBFID to raise Rs 8 crore via bonds by MarchIndian Bank and National Bank for Financing Infrastructure and Development plan to raise a combined 80 billion rupees ($864.10 million) fro...
PSU Bank Index up 2.5% on FinMin call for monetisationThe Nifty PSU Bank Index surged following the finance ministry's call for increased lending and subsidiary monetization through IPOs and st...
PSU bank stocks sink up to 12%; Central Bank of India, Punjab & Sind Bank, IOB lead lossesCentral Bank of India’s stock dropped nearly 12% today, marking its third consecutive day of losses, after already falling over 6% in the l...
UCO, two other state-run lenders plan QIP issuanceBanks set a floor price on QIPs. Reports had suggested the government had approved a fundraising worth ₹10,000 crore in offer for sale for ...
How govt can use PSUs to generate Rs 1.75 lakh crore this fiscalWhen it comes to underleveraged AAA companies, there is enough headroom to reduce reserves while increasing debt without affecting ratings.
Canara Bank to raise up to Rs 12,000 cr in FY20The board has approved raising up to Rs 6,000 crore.
PSU bank stocks rally on fund-raising reportsGiven the very compelling valuations currently, we see significant upside for them," said Manish Karwa, analyst, Deutsche Bank.
- It is time to deploy money right now: TS Anantakrishnan, Prime Wealth Management
We do see opportunities across the board whether it would be in banking, whether it would be in infrastructure, media, pharma or IT.
- PSUs are not looking cheap: Prateek Agarwal
The private sector bank space is not looking cheap but then it is always traded at a premium to the PSU space.
- Finmin working on separating dates for banks’ fund-raising & PSU selloffs
The finance ministry is preparing a roadmap for state-run banks seeking to raise capital to meet regulatory requirements without disturbing...
- PSB stocks have an inherent value not yet recognised fully: Prateek Agarwal
Prateek Agarwal, Head Equities, Bharti AXA Invest Manager gives his take on PSU stocks in the banking space, in a chat with ET Now.
- Govt makes PSB fund-raising easier
The government has given public sector banks permission to raise money through qualified institutional placements (QIPs) and preferential a...