Psb Stocks
PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%
Motilal Oswal Financial Services believes that sustained and consistent performance on delivering healthy return ratios can result in further re-rating of the stocks.
 "PSBs in focus; UCO Bank, Indian Overseas, Union Bank surge over 5%")
BS BFSI Insight Summit: Who's who of PSBs to take part in panel discussion
From State Bank of India Chairman Dinesh Kumar Khara to Sanjiv Chadha, MD & CEO, Bank of Baroda, here is the list of panelists from public sector banks of India at BSFI Insight Summit
 "BS BFSI Insight Summit: Who's who of PSBs to take part in panel discussion")
Finance ministry pulls up PSBs over mis-selling of insurance products
Banks have been advised to ensure '100 per cent' compliance of know your customer (KYC) guidelines while sourcing insurance business
 "Finance ministry pulls up PSBs over mis-selling of insurance products")
PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth
In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex
 "PSB index soars 3%; these three constituents have zoomed over 50% in 1 mth")
Govt raises PSB CEO term to 10 years, seeks younger talent at the top
A candidate can be appointed for 5 years initially, extendable for another five years; this is also applicable for executive directors who are also wholetime directors
 "Govt raises PSB CEO term to 10 years, seeks younger talent at the top")
HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge
CLOSING BELL: This was the first gain for benchmark indices in seven days
 "HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge")
Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares
IT stocks are likely to be in focus ahead of the earnings season and likely benefit from the India-Australia trade deal.
 "Stocks to Watch: DMart, IOC, SML Isuzu, Maruti, HAL, Fertilisers, IT shares")
Recent correction may be an opportunity to enter bank stocks
PSB stocks have outperformed private rivals, and momentum looks strong
 "Recent correction may be an opportunity to enter bank stocks")
PSU banks stage a comeback as tactical picks on sustained performance
The combination of low valuations and expected improvement in financials due to lowering credit cost is driving interest
 "PSU banks stage a comeback as tactical picks on sustained performance")
Size, branch reach make Bank of India an attractive privatisation candidate
First to exit PCA in 2019, the bank's efforts to better its asset quality is yielding results
 "Size, branch reach make Bank of India an attractive privatisation candidate")
Time will tell if PSBs are mispriced stocks or a value trap: Analysts
It's also a good sign as Punjab National Bank (PNB) is preparing to raise Rs 7,000 crore this week
 "Time will tell if PSBs are mispriced stocks or a value trap: Analysts")
PSB shares in focus; Nifty PSU Bank index jumps 4%; PNB, SBI gain up to 5%
Central Bank of India, Indian Bank, Canara Bank, J&K Bank, and Indian Overseas Bank were up in the range of 1.9 and 2.7 per cent
 "PSB shares in focus; Nifty PSU Bank index jumps 4%; PNB, SBI gain up to 5%")
PSBs may report weak loan growth, NII amid Covid-19 crisis in Q4: Analysts
Growth, asset quality and NPA resolutions remain key metrics to be watched for the entire lending space given uncertainty regarding the return to normalcy amid Covid-19 pandemic, say analysts
Rally in PSB stocks looks justified
Banks hope new rules will resolve bad loans faster
 "Rally in PSB stocks looks justified")
