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What Will PSB Mergers Mean For Customers, Employees And Shareholders?
With a motive to strengthen the public sector banking (PSB) business, Finance Minister Nirmala Sitharaman, on Friday, announced the consolidation of 10 PSBs into 4. These mergers will take time to be implemented, however, stakeholders of the decision, that is, the customers, ...
10 Govt Banks To Become 4: FM Announces Mega Bank Merger
Finance Minister, Nirmala Sitharaman today announced a PSU Bank merger, which would create just 4 PSU banking entities from 10. According to the scheme of merger the banks that are likely to amalgamate include: 1) Punjab National Bank+ Oriental Bank ...
Finance Minister Announces Psu Bank Merger
Debit Cum Credit Cards: Should You Go For Them?
Most of the urban population nowadays prefers carrying plastic money such as debit and credit card as against cash, and there can be not just one debit or credit card, you may in fact possess more of them. So, if you ...
PSU Banking Shares Maybe Good Bets Now
Government owned banking shares are showing some signs of life. The flurry of activity and the seriousness among these banks to clean-up the NPA mess, may result in some of these banks being worthy investments. However, the bets can be placed ...
Psu Banking Shares Maybe Good Bets Now
Will Capital Infusion Help PSU Banks In India?
It has been one of the worst quarters for PSU banks in India. Almost all of them have reported massive losses for the quarter ending March 31, 2018, led by huge losses in Punjab National Bank. In fact, this nationalized bank ...
Union Bank Shares Hit 11 Year Low Amid Rs 1,394 Crore Fraud News
On Thursday, PTI reported CBI (Central Bureau of Investigation) registering a case against Hyderabad-based Totem Infrastructure and its promoters for allegedly defrauding Union Bank of India to the tune of Rs 313 crores. The total fraud amount is estimated to be ...
Union Bank Shares Hit 11 Year Low Amid Rs 1 394 Crore Fraud
5 PSU Banking Shares To Buy After The Recent Fall
If you recommend buying into PSU banking shares, many would not agree. However, if you want to make money in stocks, you may need to adopt a contrarian approach at times. After the sharp drop in the prices of government owned ...
Union Bank, Dena Bank Reduce MCLR Rates
State-run lenders Union Bank of India and Dena Bank to reduced their marginal cost of lending rates across various tenors with effect from Friday. Union Bank has cut its MCLR by 20 basis points across all tenors. The new one-year MCLR ...
Union Bank Dena Bank Reduce Mclr Rates
8 Best Midcap Stocks To Buy
Midcap stocks have been on a roll since the start of the year. In fact, both mid cap and small cap indices have outperformed the benchmark indices by a distance. Midcap stocks have smaller capitalization as compared to larger cap stocks. ...
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