public sector banks

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    India's Credit Growth Strengthens to 13.8% Amid Macro Uncertainty

    New Delhi, April 2 India's systemic credit growth stood at 13.8 per cent (as of March 15), supported by liquidity buffers and a consumption-led recovery after GST cuts, a report said on Thursday.The report from Motilal Oswal Financial Services said that banks have room to further expand their...
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    Market Reaction: India Sees Significant Drop Amidst West Asia Developments

    Domestic Indices Decline Sharply Amid Geopolitical Tensions Mumbai, March 30 – Domestic benchmark indices opened sharply lower on Monday, with the Sensex declining by over 1.38 per cent and the Nifty slipping by approximately 1 per cent. The market downturn was fueled by escalating tensions in...
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    Officers Demand Action on PLI Dispute

    New Delhi, March 25 The United Forum of Bank Unions (UFBU), a federation of nine unions, on Wednesday demanded the immediate reversal of the unilateral implementation of the revised performance-linked incentive (PLI) formula.The revised PLI formula, proposed by the Department of Financial...
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    IT Stocks Drive Gains as Markets React to Middle East Tensions

    Indian Stock Market Ends Higher but Trims Gains as Iran-Israel Tensions Weigh on Sentiment Nifty and Sensex Close in Green Amid Late Volatility Mumbai, March 20: Indian equity markets ended Friday’s session in positive territory, although benchmark indices pared a portion of their intraday gains...
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    Financial Sector Consolidation: A Need for Flexibility

    RBI Needs to Revisit Investor Criteria, Support Financial Sector Consolidation: M Rajeshwar Rao Calls for Regulatory Flexibility to Enable Growth and Capital Formation Mumbai, March 18 Former Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday urged a re-evaluation of investor...
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    TCG Asset Management Maintains Investment Stance on IDFC First Bank; Sees Selective Value in PSU Banks

    Shahzad Madon, Managing Director and CEO of TCG Asset Management, has reaffirmed his firm’s investment stance on IDFC First Bank, stating that recent developments surrounding the private lender have not altered its overall assessment.No Change in View on IDFC First Bank Addressing concerns...
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    Bombay High Court Lifts Stay on Fraud Classification of Anil Ambani’s Bank Accounts

    Bombay High Court Lifts Stay on Fraud Classification of Anil Ambani’s Bank Accounts Division Bench Quashes Single Bench Order, Backs RBI Master Directions Mumbai, February 24: The Bombay High Court has lifted the interim stay that had restrained three public sector banks from classifying...
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    Indian Stock Market Extends Rally as Nifty Closes at 25,713, Sensex Settles at 83,294

    Mumbai, February 23: Indian stock markets extended their upward momentum on Monday, supported by strong buying interest in public sector banks and healthcare stocks. Positive global cues further lifted investor sentiment after the US Supreme Court ruled against reciprocal tariffs announced by US...
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    Indian Companies Post Strongest Earnings Growth in Eight Quarters in 3QFY26: Motilal Oswal Report

    Indian Companies Post Strongest Earnings Growth in Eight Quarters in 3QFY26: Motilal Oswal Report Mumbai, February 22: Indian companies have delivered their strongest earnings performance in the past eight quarters during the third quarter of fiscal year 2026, supported by broad-based sectoral...
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    Sensex, Nifty Extend Gains for Second Day; PSU Banks and IT Stocks Lead Rally

    Mumbai, February 17: Indian benchmark equity indices closed higher for the second consecutive session on Tuesday, supported by gains in public sector banks and information technology stocks, even as global cues remained largely muted.The 30 share Sensex ended at 83,450.96, up 173.81 points or...
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    BLS E-Services to Acquire Atyati Technologies for ₹154 Crore in All-Cash Deal

    Transaction to Be Completed by March 31, 2026 New Delhi, February 16: BLS E-Services announced on Monday that it will acquire a 100 percent stake in Atyati Technologies for ₹154 crore in a fully cash transaction.According to a regulatory filing, the acquisition is based on the equity value of...
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