Public Sector Undertaking banks are a major component of the Indian Banking sector. The Government of India owns the majority stakes in all the 21 PSU Banks in the country. PSU banks own nearly 70% of the banking assets in the country. Banks have played an important role even though they have suffered losses in…Read More
November 23, 2017
Moody’s Rating Upgrade – Is It Enough To Boost Investor Confidence?
Moody’s Investors Service, one of the largest credit rating agencies in the world, announced an upgrade of India's sovereign rating - the first positive rating upgrade received by the economy...Read More