Bernstein Downgrades SBI, Foresees Underperformance Against Private Peers

Bernstein, a leading brokerage firm, has downgraded shares of State Bank of India (SBI) to ‘market-perform’,…

Sensex, Nifty record marginal declines as financial markets remain dynamic

Image Source : FILE Business stock exchange building Indian stock markets experienced a day of mixed…

Stock market opening update: Sensex gains 350 pts, Nifty near 19,550; PSBs lead

Image Source : FILE Business stock exchange In the pre-opening session on Thursday, benchmark indices Sensex…

Nirmala Sitharaman praises PSBs, says ‘profit tripled to Rs 1.04 lakh in nine years’

Image Source : PTI Nirmala Sitharaman praises PSBs, says ‘profit tripled to Rs 1.04 lakh in…

Privatisation Of Banks To Go Forward As Per Schedule: Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said the privatisation of public sector banks will go…

Budget 2023: ​Govt may not announce capital infusion for PSU banks in Budget 2023-24

New Delhi: The government is unlikely to announce capital infusion for public sector banks (PSBs) in…

Stock Market Rebounds: Sensex Rises 303 Points, Nifty Ends Near 18,000. PSBs, Metals Lead

Sensex and Nifty, the two key equity benchmarks, on Friday staged a perfect turnaround intra-day to…

Turnaround Of PSBs: A Story From Doom To Bloom; Journey Towards Rs 1 Lakh Crore Profit

Public sector banks have travelled a long distance since 2017 when they posted a net loss…

RBI Governor To Meet CEOs Of PSBs Tomorrow To Discuss Slow Deposit Growth

Reserve Bank of India (RBI) Governor Shaktikanta Das will hold a meeting with CEOs of public…

Efforts To Bring Down NPAs Bearing Fruits, 12 PSBs Clock 50% Rise In Combined Q2 Net Profit: FM

Finance Minister Nirmala Sitharaman on Monday said the government’s efforts to reduce bad loans are yielding…