Pankaj Pandey, Head Research, ICICIdirect.com said PSU banks continue to look attractive, even as he refrained from commenting directly on SBI due to compliance reasons. He said Bank of Baroda remains his top pick in the space, with a target price of ₹340. According to him, the second half of the financial year is expected […]
Government officials have repeatedly indicated that the divestment process will be completed in FY26 | Photo Credit: ADNAN ABIDI The Department of Investment and Public Asset Management (DIPAM) on Friday said that it has received financial bids for the strategic sale of IDBI Bank. With this, the expectation of completing the stake sale in next […]
A spate of billion-dollar deals—including those involving Yes Bank Ltd. and RBL Bank Ltd.—have thrust India’s financial sector into the global spotlight, when credit worries at US regional banks have rattled investors globally. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) Over the […]