Search results
Public Sector Undertakings (Banks) are a major type of government-owned banks in India, where a majority stake (i.e., more than 50%) is held by the Ministry of Finance (India) of the Government of India or State Ministry of Finance of various State Governments of India.
Jun 16, 2023 · Industry Overview. Best PSU Banks in India #1 – State Bank of India. Best PSU Banks in India #2 – Bank of Baroda. Best PSU Stocks in India #3 – Canara Bank. Best PSU Banks in India #4 – Punjab National Bank. Best PSU Banks in India #5 – Union Bank of India. In closing. What are PSU Banks?
Aug 11, 2023 · With a history dating back centuries and a modern landscape characterized by technological innovation and diversification, Indian banks play a critical role in shaping the nation’s financial infrastructure. In this article, we will be comparing the GNPA and NPA of PSU banks YoY.
Jun 16, 2024 · PSU Banks have outperformed private banks on stock market, despite losing market share to them. Lower valuations and government investments are helping. In the recent Lok Sabha election, the...
PSU banks’ NPAs are also falling, she said. In Q4FY24, State Bank of India (SBI), the country’s largest lender, reported 24 percent rise in net profit at Rs 20,698 crore for the quarter ended ...
Feb 20, 2023 · 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 terms of percentage growth in profit. Capital adequacy.
3 days ago · The Nifty PSU Bank Index is designed to reflect the performance of the public sector banks. 1m 5m 15m 30m 1hr 1D Daily Weekly Monthly From Jun 25, 2024 To Jun 25, 2024 03:00 03:10 03:20 03:30 03:40 03:50 04:00 25. Jun 02:00 … 7330 7340 7350 7360 7370.
Jun 1, 2024 · PSU bank stocks have soared during Modi's second term, with Indian Overseas Bank leading at 472% returns. Despite this, they trade at a discount, making them potential outperformers. CLSA identifies SBI, Canara Bank, and Bank of Baroda as Modi stocks poised for growth.
Nov 9, 2022 · Finance 10 min read. Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades from analysts. Overall, PSU banks delivered a cumulative net profit of...
Sep 16, 2022 · With a gain of 71 per cent, Bank of Baroda emerged as the top gainer in the Nifty PSU Bank index. Shares of the lender jumped to Rs 140.05 on September 15, 2022 from Rs 81.95 on December 31,...
