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PSU Banking Shares Plunge Following Merger
The shares of government owned banking shares plunged in trade, following a merger announced by the Government of India on Friday, after market hours. Shares of Punjab National Bank was the worst hit, with the shares dropping a huge 6.63 per ...
Psu Banking Shares Plunge Following Merger

PSU Bank Shares Surge On Govt’s Recapitalization Announcement
Shares of public-sector banks gained in trade on Monday morning over the government's recapitalisation buzz. On Friday, post market hours, Finance Minister Nirmala Sitharaman announced a round of measures to aid the slowing Indian economy, which included a Rs 70,000 crore ...
Nifty PSU Bank Index Surges; SBI Hits Record High
As BSE's Sensex and NSE's Nifty 50 touch new all-time highs on Thursday, Nifty's PSU Bank emerges as the best performing sector for the day. The index gained over 7 percent to hit an intraday high of 3,399.25 points. Among the ...
Nifty Psu Bank Index Surges Sbi Hits Record High
Govt Approves Rs 48,239 Crore For Recapitalizing 12 PSU Banks
The Indian government has approved a sum of Rs 48,239 crore on Wednesday for the recapitalization of 12 public sector banks. The capital infusion is hoped to help strengthen these banks and maintain regulatory capital to keep them better equipped and ...
Govt Approves Rs 48 239 Crore Recapitalizing 12 Psu Banks
Government To Merge 3 General Insurance Companies
While presenting the Union Budget 2018-19 in the Parliament on Thursday, Finance Minister Arun Jaitley said, "Three public sector general insurance companies - National Insurance Co Ltd, United India Assurance Co Ltd and Oriental India Insurance Company - will be merged ...
Moody's Upgrades Ratings Of Nine PSUs
In step with India rating upgrade, Moody's Investors Service today upgraded issuer ratings of nine state-owned firms including oil producer ONGC, refiners IOC, BPCL and HPCL, power generator NTPC and gas utility GAIL. The foreign currency issuer ratings of Bharat Petroleum ...
Moody S Upgrades Ratings Nine Psus
Rs 2.11 Lakh cr PSU Bank Recap Plan Credit Positive: Moody's
Moody's Investors Service today said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalization. To strengthen capital position of banks for onward lending to ...
Rs 2 11 Lakh Cr Psu Bank Recap Plan Credit Positive Moody S
Best PSU Or Government Owned Company Shares To Buy?
The markets are clearly overheated and there are very few spaces you can buy into, without a major downside risk. One of the spaces that you still can invest is some of the best PSU or government owned companies. Some of ...
Business School graduates prefer govt jobs over private jobs
Business school graduates are now increasingly preferring to work in public sector undertakings over private entities owing to a plethora of factors including job security and lucrative salaries besides generous perks and special allowances, according a recent survey. "More and ...
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