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SECTOR | 16 Aug 2015

80,000 officers, staff of PSU banks to retire in next two years

Business Standard

Considering vast vacancy in the middle-level position, the government is planning to provide some flexibility in the recruitment.

SECTOR | 16 Aug 2015

Around 80,000 Officers, Staff of PSU Banks to Retire in 2 Years: Report

NDTV Business

During the current financial year, 39,756 employees are retiring. This includes 19,065 officers and 14,669 clerks, sources said.

SECTOR | 15 Aug 2015

'SBI preferred pick among PSU banking stocks'

Economic Times

'Therefore, clearly at 1.1 times or 0.2 times price to adjusted book, even at the current juncture, State Bank is probably our preferred pick ...'

SECTOR | 14 Aug 2015

Govt launches mission 'Indradhanush' to revamp PSU banks

Business Standard

Finance Minister says govt has put together a comprehensive framework for PSU banks

Seven-point plan for PSU banks positive for mkt at large: Kapil Bali

Economic Times | 15 Aug 2015

SECTOR | 14 Aug 2015

PSU bank reform: Esop, efficiency focus could be game changers

Business Standard

The finance ministry's decision to consider employee stock option plan for top management of public sector banks along with a part of capital infusion based on banks' efficiency parameter's is likely to lead to improvementperformance of these ...

PSU bank reform: Esop, efficiency focus could be game changers

Business Standard | 15 Aug 2015

SECTOR | 09 Aug 2015

Capital infusion in public sector banks a band-aid solution

livemint

In the past 15 years, the govt has infused more than `81,000 crore capital in PSU banks but this capital is eroding due to rising bad assets

SECTOR | 08 Aug 2015

Why banks are biggest buyers of guns | Deutsche raises women executives on board

Economic Times

Why banks are biggest buyers of guns | Deutsche raises women executives on boardPvt banks are managing with a mix of 'on-the-roll' security and 'on contract' guards, and PSU banks are hiring ex-servicemen or trained armed personnel.

SECTOR | 07 Aug 2015

PSU banking stocks are high risk - high reward proposition: K.Subramanyam

Business Standard

Interview with Co-Head Equity Advisory, Altamount Capital

SECTOR | 05 Aug 2015

PSU Bank Index Rallies 16% in Five Days. Should You Buy?

NDTV Business

The rally in state-run banks has been attributed to the government's announcement to infuse capital worth Rs 70,000 crore over four years

PSU banks to raise Rs 1.1 lakh cr to meet funding needs: FM

Business Standard | 05 Aug 2015

SECTOR | 04 Aug 2015

PSU Bank extends gain post RBI policy; CNX PSU index surges nearly 15% in four days

Business Standard

At 11:33 AM, CNX PSU Bank index was up 2% at 3,617 compared to a marginal 0.01% rise in the CNX Nifty.