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Sensex Tanks 1,017 Points To Close At 2-Week Low Amid Weak Global Trends
Falling for the fourth straight day, benchmark Sensex tanked 1,017 points to close at a two-week low on Friday due to selling in IT, oil & gas and PSU bank shares triggered by weak global trends and foreign fund outflows.
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Public Sector Banks Earlier Known For NPAs, Now For Record Profits: PM Modi
Prime Minister Narendra Modi today hit out at the previous UPA government, saying while it destroyed the banking sector with "scams" his dispensation has restored its good financial health, with India now known for the sector's strength.
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Public Banks In "Real Danger Of Privatisation": Bank Officers Body
All India Bank Officers' Confederation (AIBOC), the top body of bank officers in the country, on Tuesday, said state-run lenders are in "real danger of privatisation" despite playing a crucial role in closing the economic divide in society.
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Public Sector Banks Are Performing Well. 10 Facts To Bring You Up To Speed
Public sector banks have put up a healthy performance in the past few months. But can this trend continue?
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PSU (Public Sector) Bank Stocks Are Rising. Read What's Next For Them
The PSU Bank index has broken out of the falling trendline indicating an end to the 12-year-long bearish trend.
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Congress Slams Centre Over Rise In Non Performing Assets
The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".
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SBI Or HDFC Bank? Time To Switch To Public Sector Undertakings (PSUs)?
Can the stock of SBI continue to outperform HDFC Bank?
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Nationwide Banks' Two-Day Strike May Partially Impact Services
Banking services may be hit partially on March 28 and 29 as a section of bank employees' unions has supported the two-day nationwide general strike
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India's Worst Performing Banks On This All-Important Ratio
If this ratio is consistently high, the financial health of these banks could be at risk.
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Government Bank Employees Go On 2-Day Strike; Services Hit At Many Places
Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to the strike.
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SBI Urges Staff Not To Participate In Bank Unions' Two-Day Strike
SBI has urged its staff to refrain from participating in the two-day strike on December 16 and 17, 2021, called by bank unions
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Bank Unions Call For 2-Day Strike Against Government's Plan To Privatise PSBs
United Forum of Bank Unions convener Mahesh Mishra said the government wants to pass the Banking Reforms Bill in the current session of Parliament, paving the way for privatisation.
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Sensex, Nifty Extend Gains Led By Buying In Banking Shares
Ten of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty PSU Bank index's 1.7 per cent gain.
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Sensex Drops Over 300 Points, Nifty Below 18,100; Metal, PSU Banks Worst Hit
ICICI Bank, HDFC, Infosys, Axis Bank, Titan, ITC and Tata Steel were among the biggest drags on the Sensex.
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Sensex Surges 700 Points, Nifty Above 17,700; Pharma Stocks Outperform
Nine of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty PSU Bank index's 1.4 per cent gain.
-
Sensex Tanks 1,017 Points To Close At 2-Week Low Amid Weak Global Trends
Falling for the fourth straight day, benchmark Sensex tanked 1,017 points to close at a two-week low on Friday due to selling in IT, oil & gas and PSU bank shares triggered by weak global trends and foreign fund outflows.
-
Public Sector Banks Earlier Known For NPAs, Now For Record Profits: PM Modi
Prime Minister Narendra Modi today hit out at the previous UPA government, saying while it destroyed the banking sector with "scams" his dispensation has restored its good financial health, with India now known for the sector's strength.
-
Public Banks In "Real Danger Of Privatisation": Bank Officers Body
All India Bank Officers' Confederation (AIBOC), the top body of bank officers in the country, on Tuesday, said state-run lenders are in "real danger of privatisation" despite playing a crucial role in closing the economic divide in society.
-
Public Sector Banks Are Performing Well. 10 Facts To Bring You Up To Speed
Public sector banks have put up a healthy performance in the past few months. But can this trend continue?
-
PSU (Public Sector) Bank Stocks Are Rising. Read What's Next For Them
The PSU Bank index has broken out of the falling trendline indicating an end to the 12-year-long bearish trend.
-
Congress Slams Centre Over Rise In Non Performing Assets
The Congress on Tuesday alleged that NPAs have risen by 365 percent under the Modi government and questioned why "unbridled powers" were being given to PSU banks to "sell off assets at throwaway prices".
-
SBI Or HDFC Bank? Time To Switch To Public Sector Undertakings (PSUs)?
Can the stock of SBI continue to outperform HDFC Bank?
-
Nationwide Banks' Two-Day Strike May Partially Impact Services
Banking services may be hit partially on March 28 and 29 as a section of bank employees' unions has supported the two-day nationwide general strike
-
India's Worst Performing Banks On This All-Important Ratio
If this ratio is consistently high, the financial health of these banks could be at risk.
-
Government Bank Employees Go On 2-Day Strike; Services Hit At Many Places
Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to the strike.
-
SBI Urges Staff Not To Participate In Bank Unions' Two-Day Strike
SBI has urged its staff to refrain from participating in the two-day strike on December 16 and 17, 2021, called by bank unions
-
Bank Unions Call For 2-Day Strike Against Government's Plan To Privatise PSBs
United Forum of Bank Unions convener Mahesh Mishra said the government wants to pass the Banking Reforms Bill in the current session of Parliament, paving the way for privatisation.
-
Sensex, Nifty Extend Gains Led By Buying In Banking Shares
Ten of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty PSU Bank index's 1.7 per cent gain.
-
Sensex Drops Over 300 Points, Nifty Below 18,100; Metal, PSU Banks Worst Hit
ICICI Bank, HDFC, Infosys, Axis Bank, Titan, ITC and Tata Steel were among the biggest drags on the Sensex.
-
Sensex Surges 700 Points, Nifty Above 17,700; Pharma Stocks Outperform
Nine of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty PSU Bank index's 1.4 per cent gain.
