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PSU banks

Topic tag · tracked since 23 Sept · also psu bank, public sector banks, public sector bank, state run banks

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Today16 stories · 21 articles42 stories since 23 Sept

Net tone▼ −29% today−18% over the week

Market checkSBI +0.5%Companies most often in its stories · Fri, 25 Sept

Developing2 storylinesBiggest: Bank unions’ September strike and deferral · 24 updates

PSU banks in three lines

Written 11h ago from its latest stories

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

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123 Sept

424 Sept

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826 Sept

1327 Sept

728 Sept

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stories together this week · colour is their tone

Banks41 United Forum of Bank Unions16 SBI14 Private banks5 Bank of India3 Insurance3 PSUs3 Punjab National Bank3 RBI3 Fintech and payments2

Stories

42 in all · newest first

Market move▼ bearishNifty PSU Bank tanks 2%, stocks dip up to 4%; Analysts flag rate hike woesNifty PSU Bank fell 2%; several PSU bank stocks declined 2–4% on MondayBanks Nifty and Sensex Canara Bank1 source
24m

Market move▼ bearishMarket drift lower in early trade; breadth weakThe market drifted lower in early trade, with breadth weakNifty and Sensex NSE Real estate1 source
2h

● 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 Unions Banks IBA1 source
3h

Market move● mixedSBI Share Price Live Updates: SBI's beta reflects its investment profileSBI Banks1 source
4h

● 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 Unions Banks3 sources
2h

Leadership▼ bearishEight PSU banks lack non-executive chairmen, raising governance concernsEight PSU banks lack non-executive chairmen, raising governance concernsPSUs Banks RBI rules1 source
6h

Results● mixedAfter a decade without dividends, This PSU bank is back with a 3.8% yieldPSU dividends Punjab National Bank Banks1 source
7h

▲ 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 understandingBanks SBI HDFC Bank1 source
12h

● 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 demandBanks United Forum of Bank Unions Banking liquidity1 source
14h

▼ 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 employersBanks1 source
14h

Expansion● mixedSBI developing GIFT City specific products for NRI customers, says Chairman SettySBI Banks1 source
15h

● mixedPSBs, RRBs, old-generation private sector banks keep branches open on Sunday ahead of 3-day nationwide strikePrivate banks Banks United Forum of Bank Unions1 source
15h

▼ 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 Unions Private banks Banks3 sources
16h

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 strikeBanks United Forum of Bank Unions SBI1 source
20h

● mixedBank strike September 28-30: What services will be affected and what will continueBanks1 source
21h

● mixed3-Day Bank Strike From Tomorrow: What Banking Services Will Stop And What Will Continue?Banks1 source
23h

Expansion● mixedSBI business could touch Rs 200 lakh crore by 2030 on current growth: Chairman CS SettySBI Credit growth Economic growth1 source
1d

▲ 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”SBI Banks2 sources
1d

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 strikeBanks United Forum of Bank Unions1 source
1d

● mixedAll public sector banks and Regional Rural Banks to remain open today for convenience of customersBanks1 source
1d

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 disruptionBanks United Forum of Bank Unions1 source
2d

● mixedHow much are your banks dependent on insurance commissions?Insurance commissions are a significant source of fee income for some Indian banksInsurance distribution Banks Insurance1 source
2d

Data● mixedGovernment bank jobs barely grew in 5 years even as PSU bank business surged 56%India’s banking sector added 2.72 lakh jobs in five years; PSB workforce remained almost unchangedPSUs Banks Jobs and layoffs1 source
2d

● mixedSBI hands over cheque worth ₹500 crore to Jeevika Didis in PatnaSBI Banks1 source
2d

Market move▲ bullishRupee recovers as large public sector banks sell US dollarsRupee gained 15 paise to close at 95.81 per US dollar on FridayRupee US dollar RBI1 source
2d

● mixedAre you the ‘digital PA’ for your parents?Banks and businesses must do more to support older customersBanks Private banks1 source
2d

● mixedBank branches shut on September 26 for fourth Saturday; public banks and RRBs operate September 27SBI, HDFC Bank and ICICI Bank branches were closed on September 26Banks SBI HDFC Bank2 sources
1d

● mixedBanks Sector Stocks ArchivesBanks Private banks1 source
2d

Policy▼ bearishBanks may rejig insurance sales as Irdai proposes sharp commission cutsIRDAI has proposed sharp cuts to insurance commissionsIRDAI Insurance distribution Banks1 source
3d

● mixedBank strike from September 28: SBI, Bank of India urge customers to complete key transactions in advanceSBI Bank of India Banks1 source
3d

● mixedBank strike from September 28-30: Are banks closed for 5 days from Saturday, Sept 26? Here’s what you need to knowAll banks will be closed September 28–30 due to a UFBU-led strikeBanks United Forum of Bank Unions1 source
3d

Policy▼ bearishThree-day bank strike may disrupt branches around September 30 compliance deadlinesPublic sector bank branches are expected to face disruption during a three-day strikeBanks United Forum of Bank Unions2 sources
3d

Policy▼ bearishFinance Ministry gives no commitment on five-day work week as bank strike loomsUFBU plans a three-day strike beginning September 28Banks Jobs and layoffs United Forum of Bank Unions3 sources
3d

● mixedSBI Branches To Remain Open On Sunday In View Of 3-Day Bank StrikeSBI branches will remain open Sunday during the three-day bank strikeSBI Banks United Forum of Bank Unions1 source
3d

Policy● mixedSBI and other PSU banks waive ATM charges during September 28–30 strikePSU lenders waive ATM charges beyond free transaction limits during the three-day strikeSBI Punjab National Bank Bank of India7 sources
2d

● mixedBank strike: Confusion over September 27 as association tells bankers 'don't report to work'; will banks...Banks United Forum of Bank Unions1 source
3d

Policy● mixedAre banks open or closed on Sunday, September 27? Here’s why there’s confusion ahead of the proposed bank unions strikeThe government decided to keep public-sector and rural banks open on September 27, despite the holidayUnited Forum of Bank Unions Banks1 source
3d

Broker call● mixedTwo Trades for Today: A mid-cap PSU bank stock for a 6.1% upmove, a commodities exchange for an almost 7% riseTechnical analysts highlighted a PSU bank stock for a potential 6.1% risePSUs Stock exchanges Small and midcaps1 source
4d

▼ bearishBanks urge customers to finish transactions before UFBU strike from September 28UFBU has announced a three-day strike beginning September 28Banks Private banks SBI3 sources
3d

Market move▼ bearishRupee hits one-week low as oil rally fuels global rate-hike concernsThe rupee fell to a one-week low of 95.95 per dollarRupee Crude oil US dollar3 sources
4d

Legal▼ bearishCan banks recover loans from life insurance payouts? Allahabad HC weighs inAllahabad High Court asked SBI to refund ₹17.29 lakh deducted from a widow’s account for her deceased husband’s loanSBI Banks Life insurance1 source
4d

Policy▲ bullishSBI expects new UPI merchant fee to cover transaction costs and generate a small surplusSBI will charge a merchant discount rate on UPI payments above ₹2,000 from October 15SBI UPI Banks2 sources
4d