17 Sep 2025 | 3 Mins Read

PSU Bank stocks climb for third straight day

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Senior finance ministry official M Nagaraju clarified the government will retain a majority stake in public sector banks, with no proposal to reduce it below 51 percent. This led public sector banks shares to gain 1.3 percent, with Bank of Maharashtra and Indian Bank climbing 4.36 and 2.7 percent, respectively.