172@29@17@142!~!172@29@0@53!~!|news|tags|psu-banks.html!~!news|moneycontrol|com!~!|controller|tag.php!~!is_mobile=false
you are here: HomeNewsPsu banks
psu banks
Jump to
663 Results Found
  • Two reasons why India’s cash-starved govt banks need urgent capital support now May 28, 2020 03:49 PM IST

    Two reasons why India’s cash-starved govt banks need urgent capital support now

    If the govt wants PSBs to shoulder the burden of the economic package execution, simultaneously fighting the COVID-19 uncertainty, it needs to fill their capital void. Else, it needs to prepare a plan to get out of government ownership in these banks and let private players run the show.

  • It is too late to have second thoughts on public sector bank mergers Feb 27, 2020 09:42 AM IST

    It is too late to have second thoughts on public sector bank mergers

    The best way to make public sector banks strong is to transform their governance which is done best by privatizing them. Politicians have neither the inclination, nor the determination, to let them be run professionally without interfering.

  • Budget 2020: FM Sitharaman pulls the plug on PSU bank recapitalisation Feb 01, 2020 02:47 PM IST

    Budget 2020: FM Sitharaman pulls the plug on PSU bank recapitalisation

    The government has already front loaded Rs 68,855 crore, out of Rs 70,000 crore earmarked for capital infusion for the current fiscal, to take care of the mega-merger plan announced in August last year

  • Nation-wide strike impacts banking services at PSU banks Feb 01, 2020 11:27 AM IST

    Nation-wide strike impacts banking services at PSU banks

    The strike call has been given by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, including All India Bank Officers' Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) to press for wage revision pending since November 2017.

  • Having spent Rs 2.8 lakh crore, govt should not starve PSU banks for capital at this stage Jan 06, 2020 01:12 PM IST

    Having spent Rs 2.8 lakh crore, govt should not starve PSU banks for capital at this stage

    There are six reasons why the timing may not be right for the government to turn off the funding tap for PSBs.

  • PSU bank stocks rally as RBI plans second round of Operation Twist on December 30 Dec 27, 2019 12:18 PM IST

    PSU bank stocks rally as RBI plans second round of Operation Twist on December 30

    The top gainers included Allahabad Bank which jumped 8 percent while State Bank of India gained over 2 percent after a Citi upgrade in its stock price.

  • More trouble for banks, bad loans under Mudra Kishore soar 107% in 6 months: Report Nov 28, 2019 10:45 AM IST

    More trouble for banks, bad loans under Mudra Kishore soar 107% in 6 months: Report

    Geared towards non-farm income-generating activities, lack of due diligence and poor monitoring of these loans is the latest worry for the already stressed banking sector.

  • Bank Frauds | Whose fault is it anyway? Nov 22, 2019 10:42 AM IST

    Bank Frauds | Whose fault is it anyway?

    What’s needed is a proper incentive structure for PSU banks and bankers.

  • Banks slip post RBI's circular to link lending rate to external benchmark; Moody's retains stable outlook Sep 05, 2019 10:44 AM IST

    Banks slip post RBI's circular to link lending rate to external benchmark; Moody's retains stable outlook

    Moody’s has affirmed a stable outlook for banks including Canara Bank, Oriental Bank of Commerce, Syndicate Bank and Union bank of India. The firm changed the outlook on Punjab National Bank to positive from stable.

  • D-Street Buzz: Financials continue to drag; SBI, YES Bank fall 3% each, Sun Pharma extends gains Aug 29, 2019 03:19 PM IST

    D-Street Buzz: Financials continue to drag; SBI, YES Bank fall 3% each, Sun Pharma extends gains

    251 stocks hit new 52- week low on BSE including Indiabulls Housing Finance, Wockhardt, Jindal Steel & Power, Eris Lifesciences, Godrej Industries and JSW Steel among others.

  • D-Street Buzz: FM's booster dose propels PSU banks higher; escalating trade war hammers metal stocks Aug 26, 2019 11:42 AM IST

    D-Street Buzz: FM's booster dose propels PSU banks higher; escalating trade war hammers metal stocks

    The top Nifty50 gainers include Indiabulls Housing Finance which is up close to 4 percent followed by HDFC, Adani Ports, Bajaj Finance and Bajaj Finserv while the top losers are Tata Steel, JSW Steel, Vedanta, Hindalco Industries and Hero MotoCorp.

  • Govt's 70K cr boost pushes PSU banks higher; Central Bank, Indian Bank spike 6-7% Aug 26, 2019 10:34 AM IST

    Govt's 70K cr boost pushes PSU banks higher; Central Bank, Indian Bank spike 6-7%

    Measures such as removal of surcharge on foreign portfolio investors (FPI) and removal of CSR violation as the criminal offence will cheer market participants.

  • Sentiment Booster | Are confidence building measures enough to overcome lenders’s risk aversion? Aug 26, 2019 09:39 AM IST

    Sentiment Booster | Are confidence building measures enough to overcome lenders’s risk aversion?

    Banks are parking almost a trillion rupees daily at the RBI’s overnight repo window. That shows they have money but are unwilling to lend.

  • Bazar mein tezi vapas aayegi! Expect huge gap up opening on Aug 26 post FM's speech Aug 25, 2019 08:00 AM IST

    Bazar mein tezi vapas aayegi! Expect huge gap up opening on Aug 26 post FM's speech

    The speech was like a well-paced innings of MS Dhoni – that started off slowly and cautiously, well-paced in the middle overs and slogging it out towards the end to ensure a victory for team India

  • HDFC Bank management rejig drags Bank Nifty; PSU banks gather steam Aug 23, 2019 12:17 PM IST

    HDFC Bank management rejig drags Bank Nifty; PSU banks gather steam

    Nifty PSU Bank added over a percent led by gains from Bank of Baroda and PNB, which jumped over 2 percent each. Bank of India, Canara Bank, IDBI Bank and Oriental Bank of Commerce were up 1 percent each.

  • Banking stocks take a beating: BoB, PNB, RBL Bank down 4% each, YES Bank crashes Aug 22, 2019 03:13 PM IST

    Banking stocks take a beating: BoB, PNB, RBL Bank down 4% each, YES Bank crashes

    Nifty Bank shed close to 2 percent dragged by YES Bank which plunged 14 percent.

  • Difficult to call it a bottom; avoid aggressive buying in largecaps, focus on midcaps Aug 11, 2019 08:06 AM IST

    Difficult to call it a bottom; avoid aggressive buying in largecaps, focus on midcaps

    The Nifty likely to consolidate in the range of 10,850-11,200 for the coming week. Auto, Real Estate and NBFC can outperform the index

  • D-Street Buzz: PSU Bank, auto stocks slip led by BoB, M&M; Zee Ent spikes 7%, Indiabulls Housing tanks Aug 07, 2019 02:44 PM IST

    D-Street Buzz: PSU Bank, auto stocks slip led by BoB, M&M; Zee Ent spikes 7%, Indiabulls Housing tanks

    The top gainers from NSE include Zee Entertainment, YES Bank, Cipla, Hindustan Unilever and IndusInd Bank while the top losers are Indiabulls Housing Finance, Tata Steel, Mahindra & Mahindra, Tata Motors and BPCL.

  • D-Street Buzz: Banks rally led by YES Bank, PNB; Eicher Motors jumps 4%, IOC slips Jul 26, 2019 12:15 PM IST

    D-Street Buzz: Banks rally led by YES Bank, PNB; Eicher Motors jumps 4%, IOC slips

    The top gainers from NSE include YES Bank which spiked 8 percent followed by Bajaj Finance, Bajaj Finserv, Eicher Motors and Indiabulls Housing Finance while the top losers are Vedanta, IOC, Britannia Industries, Bharti Airtel and Tech Mahindra.

  • D-Street Buzz: Nifty PSU Bank falls 3% dragged by PNB; Kotak Bank rises, VIX spikes Jul 23, 2019 03:08 PM IST

    D-Street Buzz: Nifty PSU Bank falls 3% dragged by PNB; Kotak Bank rises, VIX spikes

    870 stocks advanced and 871 declined while 357 remained unchanged on the NSE. On the BSE, 1139 stocks advanced, 1234 declined and 171 remained unchanged.

  • D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each Jul 11, 2019 02:56 PM IST

    D-Street Buzz: Auto stocks rise led by Hero Moto, Tata Motors; PNB, SBI add 2% each

    935 stocks advanced and 755 declined while 395 remained unchanged on the NSE. On the BSE, 1169 stocks advanced, 1159 declined and 160 remained unchanged.

  • Monday mayhem on D-Street: PSU Bank index tanks 5% dragged by PNB; Maruti hits 2-yr low Jul 08, 2019 11:36 AM IST

    Monday mayhem on D-Street: PSU Bank index tanks 5% dragged by PNB; Maruti hits 2-yr low

    The top gainers from NSE include YES Bank which jumped 5 percent followed by HCL Tech, Bharti Infratel, TCS and Tech Mahindra while the top losers are ONGC, Hero MotoCorp, Bajaj Finance, Indian Oil Corporation and State Bank of India.

  • Budget 2019: PSU banks gain on Rs 70,000 cr recapitalisation plan Jul 05, 2019 10:02 AM IST

    Budget 2019: PSU banks gain on Rs 70,000 cr recapitalisation plan

    PSU banks are likely to see a turnaround in profitability given that most of the pain has been recognized and NPA and credit costs are peaking out

  • Collateral free loans among top 5 expectations from Nirmala Sitharaman: Elara Capital Jul 02, 2019 10:38 AM IST

    Collateral free loans among top 5 expectations from Nirmala Sitharaman: Elara Capital

    While the government will continue to provide recapitalisation fund of Rs 20,000-30,000 crore each year through the Budget, for which it will use RBI’s surplus reserve transfer, Elara Capital analysts said

  • D-Street Buzz: PSU banks rally led by Union Bank; SBI hits record high, Bharti  Infratel slips 2% Jun 28, 2019 12:24 PM IST

    D-Street Buzz: PSU banks rally led by Union Bank; SBI hits record high, Bharti Infratel slips 2%

    The top gainers from the NSE include Tech Mahindra, Larsen & Toubro, HCL Tech, GAIL India and Dr Reddy's Labs while the top losers are Bharti Infratel, IndusInd Bank, YES Bank, UPL and Vedanta.

Sections