psu

Finance minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 for performance review in the backdrop of failure of few banks in the US and liquidity crisis faced by Credit Suisse.…

Last Updated: March 17, 2023, 14:55 ISTPSU defence stock Bharat Electronics (BEL) has approved a second interim dividend of Re 0.6 per share for the current financial year 2022-23. The company has fixed March 25 as the record date to…

The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. Photograph: Francis Mascarenhas/Reuters But PSU valuations are still, on average, less than half of private sector peers at…

Despite rising interest rates, and high inflation, the banking sector is doing well, on the back of a recovering economy. The last couple of quarters indicate credit demand is picking up and Return on Assets (RoA) is more than acceptable…

The Nifty PSU Bank index jumped 3.56 per cent to Rs 3,900.70 on Friday morning amid a sharp rebound in Adani group stocks. PSU banks like State Bank of India (SBI), Bank of Baroda, Punjab & Sind Bank, Union Bank of India, UCO Bank, Bank…

UCO Bank Share Price: Shares of public sector lender UCO Bank are on a roll with the stock more than doubling in the last six months.  This state-owned banking stock has been in base building mode after climbing to its 52-week high of Rs…

The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya. From a political economy perspective, the Union Budget is an important…

Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry said on Monday. Photograph: Amir…

PTI New Delhi, Febraury 12 Public sector banks (PSBs) have logged a robust profit growth of 65 per cent to Rs 29,175 crore during the third quarter ended December 2022, with Bank of Maharashtra (BoM) emerging as the top performer in…

VARANASI: Oil minister Hardeep SinghPuri on Sunday “requested” state-run oil companies to consider reducing fuel prices if international crude prices stabilise in the coming days and their losses were gone. “I would request the oil…