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TREND | 20 Apr 2025

Indian Bank to disburse Rs 20,000 crore to self-help groups in FY26

Business Standard

Public sector Indian Bank has set a target to disburse Rs 20,000 crore to Self Help Groups nationwide during the current financial year, an official said. The city-headquartered bank conducted a 'Mega SHG Credit Outreach Programme' in Bhubaneswar towards this vision. Government of India, Department of Financial Services, Secretary M Nagaraju, the bank's MD and CEO Binod Kumar and executive director Mahesh Kumar Bajaj were present on the occasion, a press release said on Sunday. As part of a pan-India initiative by the Department of Financial Services, the programme in Odisha marks Indian Bank's contribution to the national mission of empowering one crore SHG Women with 'Credit Access,' the release said. A total of 9,961 Self Help Groups received sanction letters amounting to Rs 509.91 crore providing financial support to grassroots women entrepreneurs on the occasion. The event also aligns with the government's focus on 'Viksit Bharat 2047', aiming for an inclusive growth and...

PSU

TREND | 20 Apr 2025, 02:42PM

Law ministry stresses need to reduce litigation involving govt decisions

Business Standard

"Ineffective" implementation of decisions aimed at public good may lead to court cases as intended beneficiaries excluded from such actions may take legal recourse, the law ministry has said while highlighting the importance of reducing litigations involving the central government. The central government is a party in nearly seven lakh cases pending across courts, according to official data. According to a Union law ministry document on efficient management of litigation, the objective of various decisions and actions is to promote public good and better governance. "Sometimes their ineffective implementation may lead to the exclusion of intended beneficiaries or the unintended ones being benefited. In some cases, affected parties may perceive certain decisions as unfair and pursue legal recourse through litigation," it said highlighting the importance of effective implementation of decisions by central ministries, departments and PSUs. "Directive for the efficient and effective ..

PSU

TREND | 14 Apr 2025

Centre to revamp guidelines for Ratna CPSEs to improve performance

Business Standard

CPSEs could be downgraded if performance worsens

PSU

TREND | 14 Apr 2025

IRFC vs RVNL vs RailTel: Which railway PSU stock to buy for long-term?

livemint

Stocks to buy for long-term: Analysts recommend IRFC for conservative investors and RVNL for those willing to take risks, suggesting both could be valuable long-term investments

PSU

TREND | 13 Apr 2025

Indian PSU banks post market cap declines in January-March quarter

Business Line

HDFC Bank retained its position as the biggest Indian bank, growing its market cap by 3.2% quarter-over-quarter to 13.989 trillion

PSU

TREND | 12 Apr 2025

IRFC vs RVNL vs RailTel: Which railway PSU stock to buy for long-term?

livemint

Stocks to buy for long-term: Analysts recommend IRFC for conservative investors and RVNL for those willing to take risks, suggesting both could be valuable long-term investments

PSU

TREND | 11 Apr 2025

1400% returns in 5 years! Motilal Oswal predicts 26% more rally, giving buy' tag to THIS defence PSU stock

livemint

HAL share price has rallied 18% in one month, but the defence stock is down 2% on a YTD basis. In the past one year, HAL shares have risen nearly 15%. In the long-term, the PSU defence stock has delivered multibagger returns.

PSU

TREND | 09 Apr 2025

HUDCO share price edges higher after getting nod to issue Capital Gain Tax Exemption bonds

livemint

HUDCO share price rallied 15% in one month, but the PSU stock has fallen 12% on a year-to-date (YTD) basis. While HUDCO shares have remained flat in one year, they have delivered multibagger returns over the longer term.

Nudge private corporations to declare fair dividends to their minority shareholders, says DIPAM Secretary Chawla

Business Line | 09 Apr 2025 2 more

PSU

TREND | 09 Apr 2025

IDBI Bank disinvestment underway, asset valuers appointed, says DIPAM Secretary

Business Today

DIPAM expects PSUs to give highest ever dividend in FY26, says department's strategy calibrated to market conditions.

PSU

TREND | 08 Apr 2025

Centre starts process to merge DPE into Dipam to streamline operations

Business Standard

The official further explained that the government's new approach to CPSEs has evolved