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PSU

TREND | 20 Feb 2025

Government's revenue from CPSE's dividend likely to exceed revised estimates, but lowest in 4 yrs

Business Line

The Revised Estimates are the lowest in four years (2021-22 to 2024-25)

PSU

TREND | 19 Feb 2025

India, Argentina sign agreement to explore lithium, other critical minerals

Business Standard

India and Argentina on Wednesday signed an agreement for deeper collaboration in exploration and resource development of critical minerals, particularly lithium, an official statement said. The Memorandum of Understanding (MoU) was signed in the presence of Union Minister for Coal and Mines G Kishan Reddy, Governor of Catamarca, Argentina, Ral Alejandro Jalil, here. Both sides discussed expanding cooperation in the mining sector, particularly in lithium exploration and investment opportunities, the Ministry of Mines said in a statement. "A key highlight of the meeting was the signing of a Memorandum of Understanding between Mineral Exploration and Consultancy Limited (MECL), a PSU under the Ministry of Mines, and the Provincial Government of Catamarca, Argentina, which will pave the way for deeper collaboration in exploration and resource development of critical minerals," it said. Argentina, known for its vast lithium reserves, is a crucial partner for India in securing essential

PSU

TREND | 19 Feb 2025

Provisioning for NPAs up 20% in December, driven by sharp rise in private sector bank provisions

Economic Times

In the December quarter, nonperforming asset (NPA) provisions for 29 banks rose by 20% year-on-year, reaching Rs 23,298 crore, driven by a significant increase from private sector lenders. Public sector banks saw a record low in provisioning, continuing a decline for the tenth consecutive quarter. Notably, Axis Bank and Kotak Mahindra Bank reported substantial hikes in provisions.

PSU

TREND | 18 Feb 2025

Multibagger railway PSU in focus tomorrow after 500 crore-order win, stock down 23% YTD: Buy or sell?

livemint

Multibagger railway PSU stock is set to be in focus on tomorrow's stock market open after securing a Bengaluru Railway order worth more than 500 crore. Shares closed lower after Tuesday's market session.

PSU

TREND | 18 Feb 2025

SBI Chairman CS Setty Highlights Irreversible Shift In Banking Patterns And Capital Needs For Viksit Bharat

NDTV Profit

PSU banks, traditionally wholesale lenders, have now adopted a balanced mix of retail, agriculture, MSME and corporate loans, resulting in more balanced loan books, says Setty.

PSU

TREND | 16 Feb 2025

PSU NBFCs reissue bonds in Feb as fundraising limit reached for FY25

Business Standard

Each security is assigned a unique number called ISIN (International Securities Identification Number) at the time of issuance to avoid any misunderstanding among traders

PSU

TREND | 13 Feb 2025

Stock to watch on Friday: Bank of Baroda declares 8500 crore fundraise via issuance of fresh shares

livemint

Stock to watch: The board of directors of the PSU bank has approved raising of fund up to 8,500 crore through QIP and other means

6 PSU stocks record date for dividend tomorrow. Last chance to buy

Economic Times | 13 Feb 2025

PSU

TREND | 13 Feb 2025

Public sector energy companies sign long-term LNG contracts at IEW

Business Standard

Valued at between $7 billion and $9 billion, the deal signed on Thursday will ensure IOC receives 1.2 million tonnes per year of LNG from the United Arab Emirates, beginning 2026

PSU

TREND | 13 Feb 2025

PSU stocks tumble from all-time highs - is it time to reconsider or is it an investment opportunity?

livemint

Once bogged down by balance sheet stress and sluggish growth, many government-owned companies now stand on a firmer footing, market participants said. The broader view is that this drop isn't a setbackit's a window for investors to accumulate quality stocks with long-term growth potential.

PSU

TREND | 13 Feb 2025

Public sector banks see modest CBDC volume growth, start offering DBT via digital currency

Business Line

As of June 2024, 50 lakh users and 4.2 lakh merchants were participating in the CBDC retail pilot