Life Insurance Corporation of India (LIC) has made a striking portfolio reshuffle, sharply increasing exposure to information technology stocks while trimming stakes in major banking and industrial names. The move comes amid market anxiety over artificial intelligence disrupting India’s IT services model. Contrarian Bet on IT Sector During the December…
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Bank Strike on Jan 27 to Disrupt PSB Services Across India
Banking services at public sector banks across India are likely to face significant disruption on Tuesday, January 27, as bank employee unions proceed with a nationwide strike demanding the immediate implementation of a five-day work week. The strike has been called by the United Forum of Bank Unions (UFBU), an…
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Government Plans Mega PSB Merger to Strengthen Public Banks
NEW DELHI: The Indian government is considering a mega merger of public sector banks (PSBs) aimed at consolidating smaller lenders with larger state-run banks to strengthen the banking sector and support the next phase of credit expansion. According to a report by Moneycontrol, banks like Indian Overseas Bank (IOB), Central…
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SBI Donates School Bus to NISR Leh Under CSR Initiative
Leh, 18 September 2025 – In a significant move to support education and regional development, the State Bank of India (SBI) has donated a school bus to the National Institute of Sowa-Rigpa (NISR), Leh, under its Corporate Social Responsibility (CSR) initiative. The formal handover ceremony took place today, with Shri…