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The PSU rally is likely to continue as stocks still at 40% discount to Nifty50
The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…
High valuations of the market creeping into PSU stocks, say analysts
The overall high valuations of the market is creeping into PSU stocks too. If the markets correct s…
HDFC-HDFC Bank merger to bring foreign inflows of up to $3 billion
India’s largest private-sector lender HDFC Bank and largest housing finance company HDFC are all se…
SBI and private banks may gain customers from India's government banks' mergers
The Indian government has decided to merge 10 state-owned banks into four, a move that has been che…
Public sector enterprises stage a comeback in 2022 thanks to PSU banks – the future looks healthy, say analysts
Public sector undertakings, or PSUs, have staged a comeback in 2022, powered by robust recovery in …
FPIs pour ₹11,452 crore in financial services in the first half of November
Foreign portfolio investors (FPIs) have taken a shine to the financial services sector in the first…
PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term
Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades fr…
Bank of Baroda surges 10% as net profit doubles, aims to grow loan book by 12% next year
State-owned Bank of Baroda delivered strong financial performance in October to December quarter an…
HDFC twins wipe out ₹2.5 lakh crore investor wealth, push HDFC out of top 10 largest companies in India
HDFC and HDFC Bank, two pillars of India’s financial sector have seen a meltdown unlike anything be…
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
Foreign investors continue to bet big on banks and nibbling on small and mid cap stocks
The shareholding pattern of NSE500 stocks has witnessed significant changes in recent months, with …
ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4
India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…
Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions
Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there's an…
Kaja Whitehouse
Bank earnings could see a further ramp up in Q3, say analysts
Indian banks are seeing a boost in their earnings in the December quarter as loans are being repric…
Morgan Stanley snaps up asset manager Eaton Vance in $7 billion takeover as its buying spree continues
The deal is part of the Wall Street firm's push to acquire businesses across a number of platforms,…
Shalini Nagarajan
After the Ides of March, analysts pick best stocks that can be bought on dips
India’s blue chips State Bank of India, Maruti Suzuki, Reliance Industries, Infosys and ITC emerged…
This is why the Finance Minister wants to acquire more small and mid-sized banks
One of the possibilities is that large public sector banks (PSBs) like Punjab National Bank, B…
Who is becoming SBI’s new chief after Bhattacharya?
This also includes chairman and one managing director of the SBI, which alone has markshare…
SBI, Mindtree, Ambuja Cement — Indian investment bank reveals their top stock picks
Amid the ongoing market volatility, the brokerage house ICICI Securities has recommended State Bank…
Clix Capital's urge to be a bank must be too intense for it to merge with Suryoday
Even as the deal would help micro-lender turned banker Suryoday to expand its loan book, the d…