In a sweeping bank reforms move, the government on Friday created PSU bank behemoths to spur the slowing growth which has now touched a six-year low of 5 per cent in Q1 of the current fiscal. ...
The government on Friday announced Rs 55,250 crore upfront capital infusion in PSU banks for credit growth and regulatory compliance to support the merging lenders. ...
The government on Friday announced the mega-merger of 10 PSU banks into four, where the Punjab National Bank, the Oriental Bank of Commerce and the United Bank to merge become the second-largest PSB while the Canara Bank and the Syndicate Bank will a ...
The government asset monetisation programme may take the trust route with central transmission utility Power Grid Corporation of India Ltd (PGCIL) looking to float an infrastructure investment trust (InvIT) - a first by a PSU entity - to unlock value ...
At least two PSU merger and acquisition deals would be concluded by the government in the current fiscal to reach closer to the higher disinvestment target of Rs 1,05,000 crore. ...
The Union government's 167 'transformative ideas for implementation in the first 100 days of the Modi governments second stint - that is by October 15 is likely to see the Finance Ministry taking measured steps turning India into a $5 trillion eco ...
All listed companies will have to meet the minimum public shareholding norms by August 2020, Finance Secretary Subhash Chandra Garg said on Friday. ...
