Nifty and Sensex Ended Flat as FMCG and PSU Banks Weigh on Sentiment
On August 12, Nifty and Sensex ended mostly unchanged, giving up earlier gains. FMCG and PSU bank stocks faced pressure, which dampened the afternoon’s strong...
Tag : PSU banks
Top 5 PSU Bank Stocks to Watch for Investment in India in 2024
Public Sector Undertakings (PSU) Banks in India are financial institutions where the majority stake (i.e., more than 50%) is held by the Ministry of Finance...
No Public Sector Bank to be Privatised Till 2024 General Election
According to a Top government official, the privatisation of Public Sector Banks (PSB) is unlikely to happen before the 2024 general election. The official added,...
Indices Edge Higher in Early Trade, Nifty Above 17,950
The major stock indexes posted solid gains in early trading. Nifty is trading above the 17,950 level. PSU banks, oil and gas and IT stocks...
Why Canara Bank Share Price Gained 8.7% on Thursday’s Trade? What’s Outlook?
Canara Bank NSE :CANBK BSE :532483 Sector : Banks About Company: Canara Bank was founded in 1906 in Mangalore. Its segments include Treasury Operations, Retail Banking Operations, Wholesale Banking...
PSU Banks to Cut Home, Car Loan Rates on Government Push
PSU Banks is likely to cut car loans and home loans, especially at public-sector banks. With North Block more than nudging them to help revive flagging...
PSU Banks to be Infused Rs 70,000 Crores
In the announcement made by the finance minister Nirmala Sitharaman in her speech on Friday, she stated that public sector banks will be provided with...
J&K Bank Jumps Over 7%, PSU Bank Shares Gain
Shares of Jammu and Kashmir Bank (up by 7.63 per cent), Syndicate Bank (up by 2.69 per cent), Oriental Bank of Commerce (up by 1.01...
Interpol Issues Red Corner Notice Against Mehul Choksi
A Red Corner Notice by the Interpol has been issued against fugitive billionaire Mehul Choksi who is accused of duping Punjab National Bank and defrauding...
Bank of Baroda’s Board Gives In-Principle Approval For Merger
The Boards of Directors of Bank of Baroda (BoB) also gave in-principle approvals for their merger with another lender Dena Bank and Vijaya Bank in...