Category : Search result: PSU banks


Maharashtra reserves 70% bank jobs for locals

Maharashtra government mandates 70% employment reservation for locals in district cooperative banks, creating new opportunities for residents while addressing regional employment concerns.

Indian Banks: Extended Margin Squeeze Ahead

Despite recent profitability, Indian banks confront sustained pressure on net interest margins as deposit costs rise and credit growth slows. Experts warn the worst may not be over yet.

Indian Banks Sell G-Secs Amid Liquidity Crunch

Indian banks are offloading government securities worth billions to address worsening liquidity conditions and meet surging credit demand as deposit growth lags significantly behind.

Bank Unions Oppose Public Sector Bank Mergers

Indian banking unions unite against proposed consolidation of Union Bank, Indian Overseas Bank, and other public sector banks, citing job security and service quality concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

BEL Q2 Profit Jumps 18% to ₹1,286 Crore

State-owned defence giant Bharat Electronics delivers stellar Q2 performance with 17.85% profit jump and 13% revenue growth, beating market expectations.

November 2025 Bank Holidays: 5 Closure Dates

Planning financial transactions in November 2025? Get the complete list of bank holidays across India. Know when banks will be closed for festivals and weekends to avoid inconvenience.

Bank Holiday Oct 31: Which City Affected?

Planning bank work on October 31st? Check this essential guide to know which Indian city has declared a bank holiday and avoid unnecessary trips to closed branches.

Canara Bank Q2 Profit Rises 19% to ₹4,774 Crore

Canara Bank reports robust Q2 FY24 performance with 19% profit growth and improved asset quality, though net interest income sees marginal decline. Key highlights and analysis inside.

BHEL Stock Surges 2% on Strong Q2 Results - Buy Now?

Bharat Heavy Electricals Limited (BHEL) shares gained momentum following strong Q2 FY2024 performance. Discover whether this Maharatna PSU stock deserves a spot in your portfolio with expert insights and analysis.

Govt Aggregates PSU Demand for Indian Shipping Boost

The Indian government is aggregating public sector undertakings' shipping requirements to provide long-term charters for Indian carriers, boosting maritime capacity and reducing reliance on foreign vessels.

RBI Allows Banks 35% M&A Financing in Major Reform

The Reserve Bank of India revolutionizes acquisition financing, allowing banks to fund mergers and acquisitions up to 35% of target company value. Discover how this game-changing move will reshape corporate India.

Central Bank Bonanza: Global Policy Shift Explained

Major central banks worldwide are coordinating policy moves, creating a financial windfall for markets. Discover how RBI, Fed, and Bank of Japan decisions will impact inflation, loans, and investments in India.

Mazagon Dock Q2 Results: 53% Profit Surge

Mazagon Dock Shipbuilders delivers impressive Q2 FY24 performance with 53% profit surge and 9% revenue growth. Expert analysis reveals whether this defence PSU stock is a buy or sell opportunity.

October 2025 Bank Holidays: 15 Closure Days

Plan your banking activities in October 2025 with this complete guide to bank holidays. RBI has announced 15 days of bank closures including Dussehra and Diwali celebrations across different states.

Mazagon Dock Q2 Profit Jumps 59%, Revenue Up 21%

Mazagon Dock Shipbuilders delivers stellar Q2 performance with 59% net profit jump and 21% revenue growth. Defence PSU continues its winning streak with robust order book and margin expansion.

Kotak Bank Shares Drop 3% After Q2 Results

Kotak Mahindra Bank faces market pressure as shares drop nearly 3% post-Q2 results. Analysis of NII growth, asset quality, and what the future holds for one of India's leading private banks.

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