May 23, 2026
Headlines

PSU Banks

Central Bank of India Stake Sale Oversubscribed as Government Exercises Green Shoe Option

Central Bank of India Stake Sale Oversubscribed as Government Exercises Green Shoe Option

Business News Desk03 mins mins

Strong Investor Demand Signals Confidence in PSU Banking The Government of India’s Offer for Sale (OFS) in the Central Bank of India witnessed significant momentum on its opening day, May 22, 2026, reaching a subscription level of 2.35 times among non-retail investors. Driven by this robust institutional appetite, the Department of Investment and Public Asset…

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Banking Sector Analysis: PSU Bank Performance Following Q4 2026 Results

Banking Sector Analysis: PSU Bank Performance Following Q4 2026 Results

Business News Desk03 mins mins

Following the release of fiscal year 2026 financial results, investors are recalibrating their portfolios as India’s largest public sector banks—State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB)—demonstrate divergent performance metrics. While SBI reported a 13% annual increase in Profit After Tax (PAT) to ₹80,032 crore, its market valuation faced…

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