PSU bank shares end in red; IOB, UCO Bank, Central Bank fall up to 5%
The weakness in PSU banks was in sync with the broader market as investors booked some profit ahead of the general election results due on June 4.
uco bank
May 2024
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October 2019
August 2019
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.
UCO Bank customers ‘erroneously’ receive ₹820 cr; lender halts IMPS services
UCO Bank says it blocked recipients' accounts and has already recovered ₹649 cr out of ₹820 crore, which is about 79% of the amount
The curious case of PSU banks’ staff appraisals
PSU banks’ heads say there is a need for scientific and unbiased management processes to evaluate the performance of employees.
Banking on size, technology, and efficiency
By merging 10 PSBs into four large banks, the Finance Minister wants to push growth through credit offtake and pave the way for a $5 trillion economy.
