Nifty PSU Bank extends rally for 6th session; SBI, UCO Bank, BoB surge up to 4%
The Nifty PSU Bank hit a fresh all-time high of 6,438.10 points today, with all 12 constituents flashing in the green zone.
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Why PSU bank stocks are up despite weak market
Bank of Baroda, Bank of India, and Punjab & Sind Bank hit their respective 52-week highs after Morgan Stanley expressed optimism about public sector banks.
Up 80% in just 1 month! Did you miss the rally in this PSU bank stock?
This PSU bank share hit a 17-month high of ₹83.25 in intraday today after Acuité Ratings reaffirmed its long term rating of ‘AA’ for the lender's additional tier-1 bonds.
ICICI Bank, BoI, Indiabulls Housing Finance shares rise up to 9%; here’s why
ICICI Bank riases MCLR by 15 bps across tenors; Bank of India by up to 10 bps; and Indiabulls Housing Finance by 25 bps.
NCLT orders insolvency proceedings against Future Retail
NCLT has appointed Vijaykumar V Iyer of Deloitte India Insolvency Professionals LLP as the interim resolution professional for the insolvency proceedings against Future Retail.
Demand in Indian economy to overpower everything: BOI MD
Bank of India expects corporate credit to grow as the multiplier effect of the government’s ₹7.5 lakh crore capital expenditure plan kicks in.
Bank of India drags Future Retail to bankruptcy court
The lender’s move to seek insolvency proceedings against the embattled retailer is likely to affect its ₹24,713 crore asset sale deal with Reliance Industries.
Three large PSU banks get new heads
Bank of Baroda, Bank of India, and Canara Bank have finally got new MD and CEOs.
