February 8, 2024

PSU Banks Stocks

PSU Banks Stocks – Best PSU Bank Stocks In India

The table below shows the PSU Banks Stocks based on the Highest Market Capitalization.

StockMarket Cap (Cr)Close Price
State Bank Of India574521.89636.75
Bank of Baroda 116278.08223.6
Punjab National Bank98933.9789.25
Union Bank of India 87874.57118.55
Indian Overseas Bank82414.5242.95
Canara Bank 78361.36426.05
Indian Bank55609.41412.2
Bank of India 49851.71111.8
UCO Bank47465.1539.7
Central Bank Of India 42710.2248.7

PSU bank stocks in India refer to public sector banks, which are government-owned financial institutions. These banks, such as State Bank of India (SBI) and Punjab National Bank (PNB), are known for stability but often face challenges like non-performing assets. Government policies and economic conditions can influence investing in PSU bank stocks.

Content :

PSU Stocks

The table below shows the PSU Stocks based on 1 Year Return. 

StockClose Price1Y Return %
Punjab National Bank89.2566.05
Bank Of Maharashtra 45.658.06
Union Bank of India 118.5555.68
Central Bank Of India 48.749.16
Indian Bank412.246.98
Indian Overseas Bank42.9539.9
Canara Bank 426.0536.62
Bank of India 111.834.46
Punjab & Sind Bank43.130.21
Bank of Baroda 223.626.61

Best PSU Stocks

The table below shows Best PSU Stocks based on 1 Month Return.

StockClose Price1M Return %
Punjab National Bank89.2515.19
Bank of Baroda 223.614.37
State Bank Of India636.7514.35
Central Bank Of India 48.79.45
Indian Overseas Bank42.959.41
Canara Bank 426.058.54
Union Bank of India 118.558.22
Bank of India 111.84.19
UCO Bank39.73.66
Bank Of Maharashtra 45.62.7

PSU Stocks List

The table below shows PSU Stocks List based on the highest day Volume.

StockClose PriceDaily Volume
Punjab National Bank89.2532346764.0
UCO Bank39.725995351.0
Indian Overseas Bank42.9522061254.0
Bank of India 111.820762490.0
Union Bank of India 118.5516148701.0
Bank Of Maharashtra 45.615641961.0
State Bank Of India636.7514966061.0
Central Bank Of India 48.713619444.0
Bank of Baroda 223.611447876.0
Indian Bank412.26555588.0

PSU Stocks In India

The below table shows PSU Stocks In India based on the PE Ratio. 

StockClose PricePE Ratio
Canara Bank 426.055.84
Bank of Baroda 223.66.49
Union Bank of India 118.557.43
State Bank Of India636.758.31
Indian Bank412.28.42
Bank of India 111.89.0
Bank Of Maharashtra 45.69.46
Punjab National Bank89.2518.4
Central Bank Of India 48.720.56
Punjab & Sind Bank43.124.81

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PSU Banks Stocks – FAQ

1. Which Are The Best PSU Stocks?

  • Best PSU Stocks #1: Punjab National Bank
  • Best PSU Stocks #2: Bank Of Maharashtra 
  • Best PSU Stocks #3: Union Bank of India 
  • Best PSU Stocks #4: Central Bank Of India 
  • Best PSU Stocks #5: Indian Bank

The stocks mentioned are ranked according to their one-year performance.

2. Which Are The Top PSU Stocks?

Over the past month, the top-performing stocks are Punjab National Bank, Bank of Baroda, State Bank Of India, Central Bank Of India, and Indian Overseas Bank.

3. What is PSU in stock market?

PSU stands for Public Sector Undertaking in the context of the stock market in India. PSU stocks refer to the stocks of companies owned and operated by the government of India. These companies operate in various sectors, including banking, energy, manufacturing, and more. PSU stocks are considered relatively stable but can be influenced by government policies and economic conditions. 

4. How many companies are listed in PSU?

The exact number of PSU companies listed can vary, but more than 10+ PSU Bank stocks were listed at that time. However, it’s essential to note that this number can change as the government’s disinvestment plans and other factors impact the listing status of these companies. 

5. Which is the largest PSU in India?

The largest PSU (Public Sector Undertaking) in India in terms of market capitalization and business operations was the State Bank of India (SBI). State Bank of India is a leading public sector bank and one of the largest banks in India in terms of assets, branches, and customer base. 

6. Is it good to buy PSU shares?

Investing in PSU (Public Sector Undertaking) shares can be a viable option for stability and dividends, but it’s essential to research each company carefully, consider government policies, and assess the overall economic and market conditions before making investment decisions.

Introduction to PSU Banks Stocks

PSU Banks In India – Highest Market Capitalization

Indian Overseas Bank

Indian Overseas Bank conducts banking operations in segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. These operations cover domestic and foreign deposits, advances, micro, small, and medium enterprises financing, personal banking services, and international branches in Singapore, Colombo, Hong Kong, and Bangkok. The bank also provides internet and mobile banking and various financial services like merchant banking, debenture trustee, and more.

Canara Bank 

Canara Bank Limited, based in India, operates in segments like Treasury, Retail, Wholesale, Life Insurance, and other services. It offers diverse products, including personal and corporate banking, covering services like deposits, loans, and technology upgrades. The bank serves rural areas with savings accounts and credit facilities.

Indian Bank

Indian Bank operates in the banking and financial services sector, with segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. Treasury handles investments, foreign exchange, and derivatives. Corporate/Wholesale Banking provides loans and services to corporate clients. Retail Banking includes digital and branch services, while Other Banking Business encompasses agency services and ATMs.

PSU Stocks – 1 Year Return

Punjab National Bank

Punjab National Bank (PNB) is an Indian bank with segments like Treasury, Corporate/Wholesale, Retail Banking, and Others. PNB offers personal, corporate, international, and capital services, including loans, forex, and investment products. In the past year, PNB stocks have shown a 66.05% return.

Bank Of Maharashtra 

Bank of Maharashtra Limited, a banking provider, operates in segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. In the last year, it delivered a remarkable 58.06% return. Services encompass e-payment taxes, credit cards, doorstep banking, and a new pension scheme, catering to various needs.

Union Bank of India  

Union Bank of India ., an Indian bank, operates in segments like Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking services. Treasury covers various accounts, while Corporate and Wholesale Banking provides trade and financing solutions. Retail Banking offers insurance and mutual funds. Other Banking includes NRI services and treasury services. Over the past year, the bank has seen a 55.68% return.

Best PSU Stocks – 1 Month Return

Bank of Baroda 

Bank of Baroda Limited operates as a financial institution in India, offering various banking services. Its segments encompass Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations, serving both domestic and foreign markets. The bank provides personal banking services, digital products, loans, and merchant payment solutions. It currently boasts 4.37% one-month returns, signaling short-term growth potential. With 8,240 branches and 9,764 ATMs, Bank of Baroda is positioned to cater to a diverse customer base.

State Bank Of India

State Bank of India (SBI), headquartered in India, offers a diverse range of financial services to individuals, businesses, and institutions. Its segments encompass Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance, and Other Banking Business. SBI’s Treasury division manages investments and foreign exchange contracts. Corporate/Wholesale Banking involves lending to corporate clients, while Retail Banking focuses on personal banking and loans. SBI seeks to adapt and expand its services in a changing financial landscape, with a recent one-month return of 14.35%.

Central Bank Of India 

Central Bank of India Limited, an Indian commercial bank, provides various banking services, including digital banking, deposits, retail and corporate loans, services for micro, small, and medium enterprises, and services for non-resident Indians, pensioners, and more. Digital services include internet and mobile banking, debit and credit cards, and other features. The bank also offers deposit options, retail loans, housing, vehicle, and education loans, and agriculture-related services such as Kisan Credit Cards and agricultural loan schemes. As of the last month, the bank’s stock has shown a 9.45% return.

PSU Stocks List – Highest Day Volume

UCO Bank

UCO Bank, an India-based commercial bank, operates in four segments: Treasury, Corporate Banking, Retail Banking, and Other Banking. It offers services like corporate banking, international banking, government business, rural banking, various loan options, government-related services, and an EMI calculator.

Bank of India 

Bank of India Limited, an Indian bank, operates in three segments: Treasury Operations (investment portfolio, money market, and forex), Wholesale Banking Operations (non-retail advances), and Retail Banking Operations (limited exposure and turnover criteria). It has 5,105 branches in India and subsidiaries like BOI Shareholding Limited and BOI Star Investment Managers Private Limited.

PSU Stocks In India – PE Ratio

Punjab & Sind Bank

Punjab & Sind Bank, an Indian-based bank, operates across four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. Its services encompass international banking, digital banking, and social banking, offering a range of financial products and over 1531 bank branches with a PE ratio of 24.81.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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