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TREND | 09 Jul 2025, 10:47PM

SBI, other public sector banks to raise $5.25 bn through QIPs in FY26

Business Standard

State-run banks, led by SBI, plan to raise 450 billion via QIP in FY26, with the government also targeting stake sales in multiple PSU banks by October

PSU

TREND | 08 Jul 2025

India in talks with Australia to source rare earth minerals, says official

Business Standard

India is in talks with Australia to source rare earth minerals, an Australian official said on Tuesday. The development assumes significance in the wake of rare earth magnet shortage caused by Chinese export restrictions. "They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block and have tie-ups with a few companies," Malini Dutt, Trade and Investment Commissioner, New South Wales Government, Australia, said. Besides rare earth, both private and public sectors in India have shown interest in copper blocks in Australia, she said on the sidelines of India Energy Storage Week (IESW) 2025, organised by India Energy Storage Alliance (IESA). "There is a lot of interest around copper as well, given some of the conversations I have had. The interest is both from private sector and a PSU which is quite on the hunt for copper (blocks), Malini said. You are aware there are smelters and companies

PSU

TREND | 07 Jul 2025

Ace investor Mukul Agrawal adds Jammu & Kashmir Bank in June quarter, buys 1.3% stake

Economic Times

Mukul Agrawal portfolio: Ace investor Mukul Agrawal picked up a 1.27% stake in Jammu & Kashmir Bank during Q1FY26. The PSU bank reported 9.5% YoY growth in total business and improved asset quality, despite a dip in net profit.

Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi

Economic Times | 07 Jul 2025

PSU

TREND | 07 Jul 2025

Bank Of Baroda Joins Public Sector Peers In Dropping Minimum Balance Charges

NDTV Profit

Bank of Baroda's waiver on minimum balance charges aligns with public sector banks like SBI and Canara Bank amid a decline in CASA deposits and changing account usage patterns.

PSU

TREND | 06 Jul 2025

Hindustan Copper collaborates with Chile's Codelco to ramp up production

Business Standard

Hindustan Copper Ltd (HCL) is focusing on copper exploration and production through global collaborations as it seeks to ramp up its mining capacity from 3.47 million tonnes to 12 million tonnes per annum by FY 2030-31, a top company official said on Sunday. The Kolkata-based PSU has forged a partnership with Chile's Codelco to enhance technical strength to boost production, he said. "We've forged a strategic partnership with Codelco to build technical strength and explore deeper mineralisation. The visit of Codelco representatives to our key mining sites is part of efforts to upgrade our capabilities, HCL Chairman and Managing Director Sanjiv Kumar Singh told PTI. A three-week-long visit by experts from the Chilean copper major is currently underway, during which the team has been visiting all HCL units and offices across the country to assess various mining and operational aspects. The development comes in the backdrop of sharp criticism from the Comptroller and Auditor General .

Public sector banks to add 50,000 manpower in current fiscal

Business Line | 06 Jul 2025 1 more

PSU

TREND | 04 Jul 2025

How will the Indian market react if July 9th deadline passes without a tariff deal? Mukul Kochhar answers

Economic Times

India anticipates a crucial tariff deadline on July 9th. This deadline could affect the rupee and external finances. A trade deal with the US is expected. This deal is beneficial for both countries. Market outlook is positive with double-digit growth expected in FY26. PSU banks are fundamentally strong. Discretionary consumption is attractive. Retail sector is positive.

PSU

TREND | 03 Jul 2025

Container Corp Bonus Issue: Last Day To Buy This PSU Stock Before Record Date

NDTV Profit

Concor will issue a new fully paid-up equity share of face value of Rs 5 each for every four held.

PSU

TREND | 02 Jul 2025

TReDS platform RXIL crosses 2 trn MSME invoice financing milestone

Business Standard

TReDS platform Receivables Exchange of India Ltd (RXIL), a joint venture promoted by SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, has crossed the milestone of Rs 2 lakh crore MSME invoice financing. The RXIL TReDS platform has facilitated financing worth Rs 80,500 crore in FY25 alone, with over 44,000 MSMEs registered across 1,600 postal codes. The growth was driven by strong participation from stakeholders and continued support from the government and regulators, RXIL said in a statement. By ensuring direct settlement of MSME invoice payments and expanding reach across geographies, RXIL is fostering financial inclusion and enhancing supply chain finance efficiency for corporates, CPSEs, and PSUs, it said. Regulated by the Reserve Bank of India (RBI), RXIL has enabled MSMEs to access working capital by discounting over 88.5 lakh invoices through a fully-digital, infrastructure-backed platform, driving a surge in MSME registrations, it said. Greater...

PSU

TREND | 02 Jul 2025

Call money market sees Rs 3,000 crore surge in volumes as extended trading hours begin

Economic Times

The call money market witnessed a surge in volumes by 3,000 crore, reaching 16,015 crore, following the extension of trading hours until 7 pm. Public sector banks and primary dealers actively participated, contributing to the increased activity. This extension aims to boost overnight money market trading and discourage parking funds in the standing deposit facility.

PSU

TREND | 01 Jul 2025

Mega trend emerging in silver, time to sell gold and top up in silver? Gautam Shah answers

Economic Times

Gautam Shah of Goldilocks Premium Research suggests investors consider silver. He advises shifting focus from gold, anticipating a 20-25% increase in silver's value. Shah sees a major upward trend for silver. He sets a medium-term target of $43 and a longer-term target of $50. He favors PSU banks and NBFCs over private banks.