April 24, 2025

public sector banks

Government seeks merchant bankers for stake sales in PSU lenders – The Times of India

Government seeks merchant bankers for stake sales in PSU lenders – The Times of India

David Bale04 mins

NEW DELHI: The Department of Investment and Public Asset Management (Dipam) on Monday invited bids from merchant bankers for helping govt in the planned stake sale in select public sector banks and listed financial institutions.The request for proposal (RFP) published by Dipam said govt intends to empanel book running lead managers, merchant bankers-cum-selling brokers for…

Read More
ICICI Bank, SBI among top picks which could give over 20% returns in 2025

ICICI Bank, SBI among top picks which could give over 20% returns in 2025

David Bale06 mins

The Indian banking sector continues to demonstrate resilience and adaptability, navigating a dynamic economic environment with steady growth in credit, deposits, and profitability. Despite certain challenges, particularly in the unsecured retail and microfinance institution (MFI) segments, the sector’s overall outlook remains positive, underpinned by strong fundamentals and operational efficiency. Projected credit growth for FY25 is…

Read More