S&P BSE PSU News and Updates

Keep track of all breaking news on S&P BSE PSU from all sources in a single place.

08 May 2025, 10:38PM

115.58

-2.44%

Union Bank Q4 net profit up 50.57% to Rs 4,984 cr on strong fee income

Business Standard

Union Bank of India posted a 50.57 per cent rise in Q4FY25 net profit to Rs 4,984 crore, aided by an 18.1 per cent growth in non-interest income and improved asset quality

Number of FII/FPI investors increased from 612 to 677 in Mar 2025 qtr.

Union Bank Of India Q4 Results: Profit Beats Estimates, Asset Quality Improves

NDTV Profit | 08 May 2025, 10:38PM 1 more

REC Ltd.

08 May 2025, 09:33PM

392.40

-4.51%

REC targets zero NPA by March 2026

Business Line

The State-run company was earlier targeting zero NPAs by end of FY25

Number of FII/FPI investors decreased from 968 to 944 in Mar 2025 qtr

REC to focus on thermal, nuclear projects; targets zero NPAs by FY25

Business Standard | 08 May 2025, 09:32PM 2 more

Coal India Ltd.

08 May 2025, 08:27PM

385.45

0.56%

Broker's call: Coal India (Buy)

Business Line

Motilal Oswal

Coal India Ltd. is trading at high day volume of 14.3M.

Coal India Share Price Advances As Q4 Profit Rises 12%

NDTV Profit | 08 May 2025, 10:14AM 4 more

REC Ltd.

08 May 2025, 08:13PM

392.40

-4.51%

REC to provide Rs 2.5 trn finance for renewable energy projects till 2030

Business Standard

State-owned non-banking finance firm REC Ltd will increase its exposure to renewable energy projects by about Rs 2.5 lakh crore in next six years to aid India's target of having 500 GW of non-fossil fuel energy by 2030. REC currently has an exposure of about Rs 53,000 crore in renewable energy projects with a total loan book of Rs 5.67 lakh crore as on March 31, 2025. The company has planned to achieve a loan book of Rs 10 lakh crore including Rs 3 lakh crore exposure in renewable energy project by 2030. Renewable energy is a key area where the company will focus in the coming six years in view of nation's ambitious target of having 500 GW renewable energy by 2030. Talking to PTI, REC Chairman and Managing Director Jitendra Srivastava said, "Currently, our loan book stands at around 5.67 lakh crore. and we are trying to aim for a loan book of 10 lakh crore by 2030. Out of this, we would like to see the renewable sector touching around 3 lakh crore, which is currently around Rs 52,0

REC Ltd. has lost -25.77% in the last 6 Months

Canara Bank

08 May 2025, 08:03PM

95.37

1.81%

Canara Bank Q4 results: PAT rises 28%, targets 11% loan growth in FY26

Business Standard

State-owned Canara Bank on Thursday reported a 28 per cent jump in its consolidated net profit to Rs 5,070 crore for the March quarter, helped by a dip in provisions and a rise in non-core income. The public sector bank had reported a net profit of Rs 3,951 crore in the year-ago period. Its post-tax profit for FY25 rose to Rs 17,540 crore from Rs 15,279 crore in FY24. Despite an 11 per cent loan growth, its core net interest income declined by 1.44 per cent to Rs 9,442 crore in the reporting quarter, hit by a 0.25 per cent narrowing in the net interest margin to 2.80 per cent. The non-interest income grew by 21.74 per cent to Rs 6,351 crore during the reporting quarter, driven by a 30 per cent jump in recoveries from written-off accounts to Rs 2,471 crore and a 15 per cent increase in treasury income of Rs 995 crore. The fresh slippages decreased to 2,655 crore, and the gross non-performing assets ratio improved to 2.94 per cent in March from 3.34 per cent three months ago. The .

Canara Bank is trading below its 150 day SMA of 96.6

Canara Bank Q4FY results: Net profit rises 33% to Rs 5,004 crore

Business Standard | 08 May 2025, 06:21PM 3 more

Bank of Baroda

08 May 2025, 05:03PM

217.27

-3.22%

BOB card's Mother's Day deals: Discounts on shopping, travel & more

Business Standard

BOB Card's special Mother's Day offers bring discounts on shopping, travel, dining, and more. Enjoy instant savings on top brands, flights, and even luxury gifts-available through June 30!

Number of FII/FPI investors increased from 765 to 787 in Mar 2025 qtr.

Canara Bank

08 May 2025, 02:01PM

95.37

1.81%

to see Rapid results content

Housing and Urban Development Corporation Ltd.

08 May 2025, 12:37PM

211.43

-1.30%

Housing and Urban Development Corporation Results Earnings Call for Q4FY25 & Full Year

Conference Call with Housing and Urban Development Corporation Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.

audio

ITI Ltd.

08 May 2025, 11:01AM

245.75

-1.36%

Maharashtra govt launches disaster management training for students at ITIs

Business Standard

In light of the ongoing tensions between India and Pakistan, Maharashtra Minister Mangal Prabhat Lodha on Thursday announced the introduction of disaster management training across all industrial training institutes (ITIs) in the state. The state skill development minister, in a statement, said a special programme will begin on Thursday to equip students with essential knowledge in civil defence and disaster preparedness. The aim is to strengthen resilience and readiness among youth in response to potential emergencies, the statement said. The programme will be launched at the Rajamata Jijau Government ITI in Kopri, Thane, and will be expanded to other ITIs in the state later. Former Director General of Police Praveen Dixit will guide the sessions, while training will be conducted in collaboration with Aniruddha's Academy of Disaster Management. The curriculum will cover various aspects of civil defence and emergency response techniques. Lodha said the move is a proactive step to