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TREND | 27 Jul 2025, 01:50PM

Vigilance rules: Property disclosure now crucial for CPSE officers for career progression, post-retirement opportunities

Business Line

Stringent new stipulations part of revised vigilance guidelines issued by Department of Public Enterprises under Finance Ministry

PSU

TREND | 27 Jul 2025, 11:07AM

NLC India exploring possibilities to source rare earth from overseas: CMD

Business Standard

State-owned NLC India Ltd is exploring possibilities to source rare earth element from overseas and the company has also begun preliminary talks for lithium blocks in Mali, West Africa and for copper and cobalt mines in the Republic of the Congo, its CMD Prasanna Kumar Motupalli said. The remarks came amid China's recent curbs on exports of rare earth elements, impacting the global supply chain of the critical mineral which has diverse usage ranging from the manufacturing of home appliances to electric vehicles. In an interview to PTI, Motupalli said that both mines and coal ministries have very clearly communicated to the Navratna firm to "aggressively" explore and mine both critical mineral blocks and rare earth elements. "We are in touch with the Ministry of Mines and Ministry of Coal, and based on the advice from them we have started taking initial steps of some of the mines abroad. So as on date we are studying some lithium mines in Mali and copper and cobalt mines in the...

PSU

TREND | 26 Jul 2025

Public sector banks' property e-auctions take a leap under BAANKNET

Business Standard

The new platform has improved the auction success rate to 14.7 per cent, up from 9 per cent under the previous system

PSU

TREND | 24 Jul 2025

Indian Bank expects its new UPI app to aid cost saving

Business Line

The PSU bank also hopes to pass on savings to customers

Select PSU banks gain up to 4%; Canara, Indian Bank near 52-week highs

Business Standard | 24 Jul 2025

PSU

TREND | 22 Jul 2025

Public sector banks write off over 12 lakh cr in 9 years

Business Line

Recruitment of over 48,000 employees currently underway at PSBs

PSU

TREND | 22 Jul 2025

GMDC Has Given The Highest Five-Session Returns In BSE PSU Index: Here's Why

NDTV Profit

Gujarat Mineral Development Corp. is developing one of the world's largest rare-earth deposits at Ambadungar, Gujarat, and is planning to establish a complete rare earth elements value chain.

PSU

TREND | 20 Jul 2025

Indian Overseas Bank confident of maintaining profit of over 1K cr: CEO

Business Standard

Public sector Indian Overseas Bank was confident of maintaining its over Rs 1,000 crore net profit in the coming quarters. The city-headquartered bank had registered its first ever highest net profit of Rs 1,051 crore in the January-March 2025 quarter. "Exactly. One hundred per cent sure. We are very confident of maintaining this and growing it from here. If you see our net profits figure over the last two years, quarter on quarter, it is increasing. The graph has been very consistent," the bank's Managing Director and CEO Ajay Kumar Srivastava said. He was responding to a query from PTI on whether the bank was confident of maintaining the growth in the net profit during this financial year. He said, "in the fourth quarter of the last financial year (January-March 2025), the bank reported its highest ever net profit of Rs 1,051 crore and in June 2025 quarter, supposed to be a lean quarter, from that Rs 1,051 crore we have grown to over Rs 1,111 crore net profit, another highest eve

PSU

TREND | 19 Jul 2025

PSU stocks cool off, yet recovery hopes alive

Business Line

A 12% slide in the BSE PSU Index reflects normalisation of post-Covid boom and sectoral headwinds

PSU

TREND | 18 Jul 2025

Private sector bank chiefs take home hefty compensation cheques in FY25

Business Standard

Public sector banks' chiefs trail far behind, with the chairman of SBI, India's largest lender, earning a fraction of what private sector banks' chief executives make

PSU

TREND | 17 Jul 2025

Unsecured loan demand to rebound in H2, aiding margin recovery: Nitin Aggarwal

Economic Times

Nitin Aggarwal of MOFSL anticipates a recovery in credit growth, projecting 11.5% for the year, driven by retail and corporate demand in the second half. He expects mid-sized private banks like RBL and Bandhan to normalize earnings, with PSU banks showing resilience in fresh loan yields. While slippages may marginally increase, overall credit costs are expected to remain controlled.

Home loan rates in July: PSU banks start at 7.35%, private lenders at 7.90%

Business Standard | 17 Jul 2025 2 more