Showcasing a sharp earnings turnaround on asset quality improvements, robust margins and strong loan book growth in a multi-year credit upcycle, the combined net profit of all 12 PSU banks …
Rallies in the markets may not present a clear picture of certain key developments. This is the very nature of the markets. A little bit of digging helps reveal stories …
MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So …
Mumbai: Investors who had almost written off public sector banks in favour of their private peers are being forced to reconsider some of their choices, at least for now. As …
State-owned Indian Overseas Bank’s (IOB) market capitalization crossed the Rs 1 lakh crore mark for the first time following a 100% rally in the stock over the last six months. …
A day after the Budget 2024 announcement, shares of PSU Banks rallied up to 20% in Friday’s intraday trade on BSE as a sharp drop in bond yields is set …
State-run Indian Overseas Bank (IOB) shares shot up nearly 14% on Monday to their 52-week high of Rs 45.15 amid a strong rally in public sector banks. Nifty PSU Bank …