The step completes the government’s capital infusion of Rs 20,000 crore in public sector banks for the current financial year. Government had earlier infused Rs 5,500 crore in Punjab and …
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PSU
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NEW DELHI : The government is unlikely to take zero-coupon bond route to further recapitalise public sector banks after the Reserve Bank expressed some concerns in this regard, sources said. …
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Ace investor Rakesh Jhunjhunwala said on Thursday that he believes that public sector banks (PSBs) are “hopelessly undervalued”, and he sees a “very big commodity bull run” in commodities. Opportunity …
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The United Forum of Bank Unions (UFBU), the apex body of nine organisations of bank employees, has announced a two-day nation-wide strike on March 15 and March 16 to protest …
- Finance
Bank branches closed for next 4 days; SBI, other PSU banks may get hit as unions strike on March 15-16
About 10 lakh bank employees and officers of the banks will participate in this two-day strike Bank branches may remain closed for the next four days, including a two-day weekend …
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State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, and Union Bank of India, have all reported an improvement in their asset quality in the first nine …
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Statistics still reflect that across the majority of business sectors cash remains king. The financial health crisis of 2020 has already pushed the government to initiate a slew of measures …
- Business
IRFC IPO: India’s 1st PSU NBFC issue opens Monday, grey market premium weak; should you subscribe?
IRFC is the first public issue by a railway non-banking financial company (NBFC). The Rs 4,633-crore Indian Railway Finance Corporation (IRFC) initial public offer (IPO) is set to open for …
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The share of large borrowers in the loan portfolios sustained its downward trajectory the central bank’s report showed. Even as the credit growth of banks declined to 5% in September …
