In a rare instance, the Reserve Bank of India (RBI) has made certain adverse observations regarding the conduct of a senior executive chosen to head a state-owned bank. The banking …
While benchmark Nifty 50 gave high double-digit returns in 2023, the sector with the highest weightage in the index did not lead the bull run. Year-to-date, the Nifty 50 has …
Canara Bank, part of the PSU banking segment, rallied more than 20% in the last 3 months to hit a fresh record high in December 2023 and the chart pattern …
Public sector undertaking (PSU) banks have gained significant attention of investors over the past few quarters following their improving financial condition and better asset quality. The Nifty PSU Banks index …
Indian Overseas Bank (IOB) shares jumped nearly 9% in Thursday’s trade as investors preferred to buy government-owned banks even as private peers reeled under selling pressure. It was followed by …
“So, last week, we saw the ECB raising rates. We saw China cutting rates and now, all eyes are on the Fed on the stance that it is going to …