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 ETF Nifty PSU Bank BeES

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

ICICI Prudential Nifty PSU Bank ETF aims to provide returns that closely correspond to the total returns of the Nifty PSU Bank Index, subject to tracking errors

ICICI Prudential Nifty PSU Bank ETF

DSP Nifty PSU Bank ETF seeks to match the returns of the Nifty PSU Bank Index, primarily investing in equity of PSU banks.

DSP Nifty PSU Bank ETF

Mirae Asset Nifty PSU Bank ETF aims to track the performance of the Nifty PSU Bank Index, focusing on public sector banks.

Mirae Asset Nifty PSU Bank ETF

HDFC NIFTY PSU BANK ETF aims to replicate the performance of the Nifty PSU Bank Index by investing in public sector bank stocks.

HDFC NIFTY PSU BANK ETF

Financial Services Secretary M Nagaraju announced public sector banks will launch new products in the coming months to boost credit growth, particularly for MSMEs. He acknowledged the risk of rising digital fraud while emphasizing the government’s commitment to financial inclusion through collaboration with the fintech industry. Nabard Chairman Shaji KV highlighted the need for equitable technological transformation in rural banking.

PSU banks to launch new products in 3-4 months to ramp up credit growth: Banking Secretary

The Adani Group may need to reduce investments due to limited access to global capital markets. Domestic banks may also hesitate to provide new loans. The group has a substantial debt, but lenders believe they have sufficient cash reserves for repayment. Public sector banks and financial institutions hold a significant portion of the group’s debt.

Adani US Indictment: There’s enough cash to cover 30 months of debt payments

​What we feel that PSU basket holds the topmost allocation as a PSU as a whole PSU banks earnings if we look at it last three-four year versus the earnings which they reported this quarter, most of the banks reported very strong earnings in terms of asset quality, in terms of if we look at NIMs or in terms of any other area and growth if we talk about.

SBI, M&M and Hindalco poised for double-digit returns in 2025: Rahul Shah

Inditrade Capital’s chairman, Sudip Bandyopadhyay, views the Mahayuti’s return to power as positive for the market, particularly for infrastructure spending. He anticipates further market boosts from potential interest rate cuts by the RBI and policy changes in the US that could benefit Indian exporters. Bandyopadhyay also sees opportunities in PSU banks, defense, and power sectors, but cautions against overvalued stocks.

Sudip Bandyopadhyay on 2 triggers that may take market higher

Bank Nifty hovers around 52,180 with bearish bias, public sector banks outperforming private peers, futures stuck in range.

Bank Nifty Prediction today – Nov 26, 2024: Stuck between two key levels

Adopters from abroad, UP, Bhopal are techies, teachers, CAs, AGMs in PSU banks

Three Abandoned Children In Bhopal Find New Families Through CARA Adoption Workshop

PSU bank stocks dominated the spotlight on Dalal Street, continuing their rally for the second consecutive day on November 25

SBI, Central Bank, PNB, BoB Boost Nifty PSU Bank Index By 7% In 2 Days; Details - News18

Investors gained Rs 16 lakh crore in just two trading sessions as the Sensex rose over 3,000 points, driven by optimism following the NDA’s victory in the Maharashtra elections. PSU stocks, particularly those linked to capex, saw the biggest gains, with RITES up 11%. PSU banks, led by Central Bank, surged 8%, while construction stocks like J.Kumar Infraprojects soared 16%.

Sensex jumps 3,000 points in 2 days. Can ‘Maha tsunami’ wipe away Q2 tears?

PSU stocks experienced a strong rally on Monday following the BJP-led Mahayuti alliance’s victory in the Maharashtra Assembly elections. Shares of Bank of Baroda, Indian Bank, HPCL, PFC, IRFC, and others surged between 3% and 11%. PSU Railway stocks led the gains, with RITES rising 11%, while PSU Bank stocks like Central Bank of India saw gains of over 8%.

PSU stocks surge up to 11% as Maharashtra election results boost market sentiment

​So, I feel overall now, let us stick with that support zone of 23,500 until this zone holds, this upside could continue up to 23,800, 23,900 zone in the coming few sessions.

Sudeep Shah’s top bets from PSU Banks and realty pack

Bank Nifty index up 0.6%, public sector banks outperforming private peers, futures face resistance at 51,000.

Bank Nifty Prediction today – Nov 22, 2024: Resistance ahead, go long on a breakout

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