NIPPON INDIA ETF PSU Bank BeES objective is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX PSU Bank Index

Nippon India Nifty PSU Bank Bees ETF

Kotak PSU Bank ETF objective is to provide returns that closely correspond to the total returns of CNX PSU Bank Index, subject to tracking errors

Kotak Nifty PSU Bank ETF

According to a statement from the firm, Kutch Copper Ltd. (KCL), a subsidiary of Adani Enterprises Ltd. (AEL), is building a brand-new copper refinery project to produce refined copper at a rate of 1 million tonnes annually over two phases.

SBI, other PSU banks commit funding of Rs 6,071 crore to Adani Group for copper operations

IOB said the asset quality of Public Sector Banks (PSBs) are on an improving trend though some loans are classified as restructured loans under pandemic permitted RBI schemes.

IOB aims to boost advances to retail, MSME, agri, corporate sector in FY23

“Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd (AEL), is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases,” the company said in a statement.

SBI, other PSU banks commit Rs 6,071 crore to Adani Group for copper business | The Financial Express

Kutch Copper, a subsidiary of Adani Enterprises, is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases

SBI, other PSU banks commit Rs 6,071 cr to Adani Group for copper business

New Delhi, Jun 26 (PTI) The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their business.

Finance Ministry Asks Banks To Explore Fintech Partnership, Co-Lending Opportunities

The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their business

FinMin asks banks to explore fintech partnership, co-lending opportunities

The key equity indices pared losses in the mid-afternoon trade. The undertone of the market continued to be weak amid negative global cues. The prospect that the US Federal Reserve and other central banks will be forced to hike interest rates more

Indices came off day’s low, PSU banks buck trend

The benchmark indices continued to trade with steep losses in the mid-morning trade. Negative Asian stocks impacted the sentiment. The Nifty traded below the 15,500 level. PSU banks bucked the broader selloff.

Nifty below 15,500 level, breadth turns negative

“Among large banks, large PSU banks have been corrected quite a lot. So the valuation looks very comfortable in most of the large PSU banks like State Bank, a small wholesale bank like Canara Bank where again there has been a huge selloff or Bank of Baroda. Coming to private banks, ICICI Bank, HDFC …

Rahul Shah is betting on banks, IT and metal stocks from here. Here’s why

Among sectors, oil & gas, healthcare, PSU banks, and consumer durables have seen the biggest earnings downgrades. Earnings per share estimates for the Nifty in FY23 have seen an increase of 0.12% to ₹882. In FY22, the Nifty delivered an EPS of ₹733, a growth of 35.2% year-on-year, the highest since …

Pace of earnings downgrades picks up with cost inflation, demand slowdown

The government wants public sector lenders to recapture market share from private peers.

Government’s Ask To Public Sector Banks — Lend More, Lend Profitably

Nifty PSU Bank Index is designed to reflect the performance of the public sector banks. The rescheduling of index constituents happens bi-annually every year.

Nifty PSU Bank Index