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Public Sector

Sep 29, 2016 at 20:14 | Source: PTI
Public sector banks should simplify their loan processes as well as disburse farm loans speedily as the government has set a target to double farmers' income by 2022, the Reserve Bank said today.
Sep 29, 2016 at 20:14 | Source: PTI
State-owned Oriental Bank today said it will raise Rs 500 crore through an issue of additional tier 1 bonds which will open for subscription tomorrow.
Sep 29, 2016 at 16:43 | Source: Moneycontrol.com
In accordance with its plan to dilute share in public sector undertakings (PSUs), the government is now looking to sell some of its stake in NMDC, NALCO, BHEL via offer for sale (OFS) route.
Sep 29, 2016 at 11:16 | Source: PTI
"The bank intends to raise Tier 1 capital through private placement of Basel III compliant additional tier 1 bonds of Rs 10,00,000 each at par aggregating to Rs 500 crore," Oriental Bank of Commerce said in a BSE filing.
Sep 29, 2016 at 09:36 | Source: CNBC-TV18
Mitesh Thacker of miteshthacker.com advises buying Punjab National Bank, Indiabulls Real Estate, LIC Housing Finance and Tata Communications.
Sep 28, 2016 at 19:08 | Source: PTI
"The Bank has revised its base rate from 9.70 percent (existing) to 9.65 percent, with effect from September 30, 2016," it said in a regulatory filing.
Sep 28, 2016 at 16:22 | Source: CNBC-TV18
Ambareesh Baliga, Independent Market Expert advises to book profits in PSU banking stocks.
Sep 28, 2016 at 16:18 | Source: Moneycontrol.com
Moneycontrol undertook a study to find out the number of companies in which the promoters held maximum stake. As a filter, we shortlisted companies from a total of 279 companies whose market capitalisation was over Rs 10,000 crore.
Sep 28, 2016 at 16:04 | Source: PTI
The decision was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
Sep 28, 2016 at 16:04 | Source: PTI
Centre today approved Rs 4,777.05 crore package for closure of state-run Hindustan Cables Ltd, which would be used for paying wages, offering early retirement schemes and converting government loan into equity.
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Public sector banks should simplify their loan processes as well as disburse farm loans speedily as the government has set a target to double farmers' income by 2022, the Reserve Bank said today.

8.14 PM Sep 29th

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Public-sector lender Oriental Bank of Commerce will raise Rs 500 crore on private placement by issuing bonds.

11.16 AM Sep 29th

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Tamil Nadu Chief Minister J Jayalalithaa today announced bonus to the tune of Rs 476.71 crore to the employees of various state public sector undertaking companies, in view of forthcoming festive season.

3.30 PM Sep 28th

rkinvest

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Canara Bank  

hi debtfree, i have many public sector banks. i was thinking of adding more syndicate bank. do you think it has a lot of upside coming?

10.13 AM Sep 28th

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Finance Minister Arun Jaitley today said banks, especially the public sector ones, will be armed better soon to resolve the stressed assets as he expects the winter session of Parliament to clear amends to the Prevention of Corruption Act (PCA).

10.00 PM Sep 27th

rkinvest

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Bhageria Dyeche  

Hi DebtFree, I have many Public Sector Banks. I was thinking of adding Syndicate bank? Do you think it has a lot of upside coming?

3.13 PM Sep 27th

k.v.renga

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Vijaya Bank  

, the highest for any public sector bank. Earlier in the day, he had inaugurated new branches at Pendurthi in Visakhapatnam district and Bhogapuram in Vizianagaram district. He said the bank would increase its presence in the both the Telugu states — Andhra Pradesh and Telangana. He said the NPA of the bank

10.56 PM Sep 26th

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Industry body Laghu Udyog Bharti (LUB) today said that Central Public Sectors Units (CPSUs) need to take measures towards achieving the target of 20 per cent procurements from MSMEs. "So far 43 CPSUs out of a total of 277 CPSUs have achieved the target of 20 per cent." Hitendra Joshi, President

10.20 AM Sep 26th

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The Supreme Court today dismissed a PIL challenging the Centre's policy to allow private bank officials to be appointed as Managing Directors or CEOs of public sector banks.

6.04 PM Sep 23rd

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NBCC  

nbcc – a navratna central public sector enterprise (cpse) today, announced that under the administrative control of urban development (moud) it has been nominated for disposal of land assets of the sick cpses. on september 7, the government of india issued a guidelines for closure of sick or loss

10.47 AM Sep 23rd

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