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PSU banks
Today18 stories · 24 articles
Net tone● −13% today
Market checkSBI +0.5%
Developing2 storylines
PSU banks in three lines
- The proposed September 28–30 bank strike was deferred after IBA and UFBU reached an understanding
- Public-sector and regional rural banks opened Sunday, September 27, ahead of the planned strike
- SBI Chairman C S Setty said the bank’s business could reach Rs 200 lakh crore by 2030
123 Sept
424 Sept
925 Sept
826 Sept
1327 Sept
628 Sept
Market move▼ bearishMarket drift lower in early trade; breadth weakThe market drifted lower in early trade, with breadth weakNifty and SensexNSEReal estate
● mixedBank strike deferred: Are banks open today? Here's what you need to knowBanks will remain open from September 28 to 30 after the UFBU deferred its three-day strikeUnited Forum of Bank UnionsBanks
● mixedAre banks open or closed today? Why 3-day bank strike was deferred by unions; what customers should knowBanks will function as usual during the strike period announced for September 28–30United Forum of Bank UnionsBanks
Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSUsBanksRBI rules
Results● mixedAfter a decade without dividends, This PSU bank is back with a 3.8% yieldPSU dividendsPunjab National BankBanks
▲ bullish3-day bank strike deferred after bank union body meet: Will SBI, HDFC Bank remain open on Monday, 28 September?The proposed three-day bank strike from September 28 to 30 was deferred after IBA and UFBU reached an understandingBanksSBIHDFC Bank
● mixedBank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check listNationwide bank strike planned for September 28–30 over a five-day workweek demandBanksUnited Forum of Bank UnionsBanking liquidity
▼ bearish3-day bank strike: Will your September salary be delayed? Here’s all you need to knowA bank strike from September 28-30 could delay salaries, depending on banks and employersBanks
Expansion● mixedSBI developing GIFT City specific products for NRI customers, says Chairman SettySBIBanks
● mixedPSBs, RRBs, old-generation private sector banks keep branches open on Sunday ahead of 3-day nationwide strikePrivate banksBanksUnited Forum of Bank Unions
▼ bearishUnions plan a three-day nationwide bank strike from September 28The strike is expected to affect public sector, old-generation private and regional rural banksUnited Forum of Bank UnionsPrivate banksBanks
Expansion▼ bearishAhead Of Three Day Nationwide Strike, Public Sector Banks Remain Open TodayPublic sector banks remained open Sunday ahead of a proposed three-day nationwide strikeBanksUnited Forum of Bank UnionsSBI
● mixed3-Day Bank Strike From Tomorrow: What Banking Services Will Stop And What Will Continue?Banks
Expansion● mixedSBI business could touch Rs 200 lakh crore by 2030 on current growth: Chairman CS SettySBICredit growthEconomic growth
▲ bullishSBI chairman says digital banking and customer relationships will drive growthChairman C S Setty said SBI’s strategy is “digital first, customer first, nation always”SBIBanks
Policy● mixedRare Sunday for public- and rural sector-banks: Check if your bank is open or closed todayPublic-sector and regional rural banks will open Sunday, September 27, ahead of a three-day nationwide bank-union strikeBanksUnited Forum of Bank Unions
● mixedAll public sector banks and Regional Rural Banks to remain open today for convenience of customersBanks
Policy● mixedHoliday still a working day: Why are banks open on Sunday?Public Sector Banks and Regional Rural Banks were directed to operate normally on Sunday to limit strike disruptionBanksUnited Forum of Bank Unions