The Centre is considering changes in the regulations to reduce its stake in #PSUbanks from 51% to 26%
The proposal, if cleared by the Narendra modi govt, could prove to be significant in simplifying the #privatisation of state-run lenders.
Read at https://www.moneycontrol.com/news/economy/policy/centre-considering-changes-in-law-to-reduce-stake-in-psu-banks-to-26-report-7837621.html?utm_source=telegram&utm_medium=social
The proposal, if cleared by the Narendra modi govt, could prove to be significant in simplifying the #privatisation of state-run lenders.
Read at https://www.moneycontrol.com/news/economy/policy/centre-considering-changes-in-law-to-reduce-stake-in-psu-banks-to-26-report-7837621.html?utm_source=telegram&utm_medium=social
Moneycontrol
Centre considering changes in law to reduce stake in PSU banks to 26%: Report
The proposal, if cleared by the Narendra Modi government, could prove to be significant in simplifying the privatisation of state-run lenders.
Big Bull #RakeshJhunjhunwala remains upbeat about the #India story. When it comes to sectors, RJ prefers #PSUBanks, #healthcare & #IT services over #telecom & the new-age #startups.
What does Jhunjhunwala have to say about India's digitisation story? ๐ค
๐น Watch to know: https://youtu.be/e9BSH6kOx1c
What does Jhunjhunwala have to say about India's digitisation story? ๐ค
๐น Watch to know: https://youtu.be/e9BSH6kOx1c
Media is too big
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#MarketsWithMC | The Indian benchmark indices ended lower for the second consecutive day with Nifty closing around 18,300 amid selling across the sectors barring #PSUBanks.
Here's your #MarketWrap of the day ๐ฅ๐
Here's your #MarketWrap of the day ๐ฅ๐
#MCPodcast ๐๏ธ: In this episode of The Week on Dalal Street, catch Anuj Singhal, Managing Editor, CNBC Awaaz discuss #PSUBanks, #RBI policy, pharma stocks and more with Moneycontrol's Nandita Khemka.
Listen in ๐
https://bit.ly/3FAUrDh
Listen in ๐
https://bit.ly/3FAUrDh
Moneycontrol
The Week on Dalal Street | Weekly wrap of market trends, stock moves & what to look out for!
In this edition of The Week on Dalal Street, catch Anuj Singhal, Managing Editor, CNBC Awaaz discuss PSU banks, RBI policy, pharma stocks and more with Moneycontrol's Nandita Khemka.
#MarketsWithMC | Analysts foresee choppy short-term trends for PSU banks. ๐ฆ
Experts predict consolidation until clarity on government policies emerges.๐
Read more on this right here โคต๏ธ
https://www.moneycontrol.com/news/business/markets/psu-banks-good-long-term-bets-but-expect-choppy-trend-in-short-term-say-analysts-12740742.html
#PSUBanks #MarketAnalysis #GovernmentPolicies #EconomicOutlook #FinancialForecast #StockMarket
Experts predict consolidation until clarity on government policies emerges.๐
Read more on this right here โคต๏ธ
https://www.moneycontrol.com/news/business/markets/psu-banks-good-long-term-bets-but-expect-choppy-trend-in-short-term-say-analysts-12740742.html
#PSUBanks #MarketAnalysis #GovernmentPolicies #EconomicOutlook #FinancialForecast #StockMarket
Moneycontrol
PSU Banks: Does the new election verdict derail the party for good?
Market experts expect PSU stocks, including banks, to consolidate till there is clarity on the governmentโs policies in light of the reduced majority