Page 8 - Psu Banks

PSU banks to follow template with three loan buckets for recast 2.0

Lenders come out with standardised products to help mitigate Covid crisis

Chart check: SBI Q4 result fuels rally in PSU banks. Should you buy?

A breakout in SBI share may result in a rally towards Rs 450 levels

FinMin asks PSU banks to keep high vigil on attempt to seize funds by Cairn

UK's Cairn Energy plc has been awarded $1.2 billion against India

Making bank privatisation exemplary

The policymakers could have chosen no better time than this financial year as the financial quality of the PSB balance sheets has improved this year compared with the last few years

PSU Bank stocks rally on report govt may soon approve privatisation roadmap

At the bourses, shares of Bank of Maharashtra skyrocketed 15.3 per cent on the National Stock Exchange (NSE), Indian Overseas Bank surged 12 per cent, and Central Bank of India jumped 10 per cent.

Rational expectations

Evolving conditions would lead to adjustment in markets

Bad loan recognition likely to weigh on stocks of public sector banks

Earnings improvement over two quarters was without proportionate lending growth

How Indian Bank-Allahabad Bank amalgamation proved an unlikely success

The merger was complicated by the fact that the government had not allowed post-merger lay-offs for any of the banks under this process

FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'

Govt will protect the interests of employees in plans to sell state-owned companies, says Finance Minister

Bank privatisation as an experiment

The government must test the efficacy of privatising two banks first before going the whole hog

PSU banks stage a comeback as tactical picks on sustained performance

The combination of low valuations and expected improvement in financials due to lowering credit cost is driving interest

India Post, Nabard, 4 PSU banks part of two consortia vying for NUE licence

One group is led by top payment solutions firm Financial Software and Systems, the other by FIS, which provided tech solutions for merchants, banks, and capital markets firms globally

Private equity interest can improve governance in banks: Rahul Bhasin

PEs need to engineer change and bring efficiency to the fore to deliver the returns demanded by their investors; or, alternatively, find outstandingly well-run banks to partner with, Bhasin said

Size, branch reach make Bank of India an attractive privatisation candidate

First to exit PCA in 2019, the bank's efforts to better its asset quality is yielding results

Budget 2021: Govt sets divestment target of Rs 1.75 trillion For FY22

The government on Monday budgeted Rs 1.75 trillion from stake sale in public sector companies and financial institutions, including 2 PSU banks and one insurance company, in the next fiscal year

Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid

With this Piramal succeeds in getting the requisite 66 per cent voting, says source

Operations at PSU banks partially hit due to trade union strike

Banking operations in public sector banks across the country were partially affected on Thursday as some bank unions joined the one-day nationwide strike called by central trade unions.

PSBs: Sustaining Q2 momentum for a year key to regaining lost faith

Q2 results suggest a trend of easing asset quality issues and the weight of merger behind them

Credit Suisse cuts stance on IT, healthcare; turns bullish on banks

In June, the brokerage had turned bullish on IT citing low P/E

Bank of Baroda withdraws order reducing free cash transactions

The government said that none of the state-owned banks proposed to raise bank charges in the near future in view of the Covid-19 pandemic