Question: Which Of Following Is Not A PSU Bank?

Which of following is not a public sector undertaking?

Axis Bank is a private banking company.

It is not a Public Sector Undertaking since it is not owned by government of India..

Is HDFC a PSU bank?

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104,154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector bank by assets….HDFC / references17 more rows

Is BHEL a public sector undertaking?

BHEL (Bharat Heavy Electricals Limited) is a public sector undertaking, working under Ministry of Heavy Industries, Govt. of India. BHEL-ESD, Bangalore has invited sealed bids for procuring following item.

Who is owner of SBI?

Government of India56.92%State Bank of India/Parent organizations

Which is the biggest public sector undertaking in the country?

1. NTPC is the largest power utility in India….The biggest Public Sector undertaking in the country is_____CommitteesChairpersonC. Small Scale Industries3. RangarajanD. Infrastructure Development4. Abid Hussain2 more rows

What is the salary in BHEL?

Bharat Heavy Electricals SalariesJob TitleSalaryEngineer salaries – 87 salaries reported₹ 11,29,698/yrSenior Engineer salaries – 71 salaries reported₹ 1,00,473/moDy Manager salaries – 18 salaries reported₹ 1,08,510/moIntern salaries – 14 salaries reported₹ 12,970/mo16 more rows•Dec 14, 2020

Which among the following is the biggest public sector undertaking?

5 Top Public Sector Companies in IndiaIndian Oil Corporation Ltd. (BSE: 530965, NSE: IOC)Bharat Petroleum Corporation Ltd. (BSE: 500547, NSE: BPCL)State Bank of India (BSE: 500112, NSE: SBIN)Hindustan Petroleum Corporation Ltd. (BSE: 500104, NSE: HINDPETRO)Oil & Natural Gas Corporation Ltd. (BSE: 500312, NSE: ONGC)

What is difference between PSU and government company?

Public Sector Enterprises is a part of Public sector Undertakings. Public Sector Undertaking or Enterprise refers to a Government Company. … Public Sector undertakings refer to commercial ventures of the Government where user fees are charged for services rendered. The tariff/fees may be market based or subsidised.

Who is owner of HDFC Bank?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Is PSU a government job?

PSU jobs are not pure government jobs and it may be possible that someday in the future they will be privatized as the government’s thrust is on disinvestment these days. … PSU jobs are also lucrative, but nothing can offer you more job stability as compared to SSC CGL jobs.


State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

Will all PSU banks be Privatised?

India Will Have Only 5 PSU Banks As 50% Of All Govt Banks Will Be Privatized: The Big Plan. The Finance Minister Nirmala Sitharaman had last year decided to merge 10 public sector banks into four banks, thereby strengthening the infrastructure of the banks, so that they can meet international standards.

Is Railway a PSU?

The Railways are a department under a ministry, handled by a minister, elected to Parliament. … On the other hand, the Indian Railways employs 1.6 million people; owns assets such as two lakh freight wagons , 50,000 coaches for passengers and 8,000 locomotives (engines).

Who is the No 1 bank in India?

HDFC BankHDFC Bank emerged as India’s No. 1 bank.

What happens when PSU is Privatised?

Privatisation leads to creation of wealth. The cost of production is reduced and profits are maximised. It is certainly a good step if the government feels that a particular sector can be opened up to competition and it will benefit the market and the consumer.

Is SBI going to be Privatised?

While a RBI Dy. Governor demands reduction of government share holding in public banks to 26%, Niti Ayog suggests privatising few banks whereas the Finance Ministry says there is no plan for privatisation. They have done this before on various occasions including on merger.

Is HDFC Bank in financial trouble?

HDFC Bank stands out in India’s struggling financial sector. Its gross bad loan ratio has held steady at around 1.4%, while rivals have been forced to caution by growing stress among once-reputed companies, developers and shadow lenders.

Which of the following is a public sector undertaking?

Top Profit Making Public Sector Undertakings: Power Grid Corporation of India Ltd. Bharat Petroleum Corporation Ltd. Power Finance Corporation Ltd. Bharat Sanchar Nigam Ltd.

Is BHEL going to be Privatised?

Government of India today said that its list of public sector companies scheduled to be sold to private entities did not include Bharat Heavy Electricals Ltd. However, today, almost everything that BHEL makes is also made by private companies in India. …

Are PSU banks safe?

Yes, of course. They are quite safe. Thanks to strong regulation and supervision by Reserve Bank of India and system of internal control of banks, they are well capitalized, well managed and effectively regulated. Oh, you must be referring to the public sector banks!

What will happen if banks are Privatised?

“In a privatization scenario, the government will always retain a portion of the bank’s stake and as such will remain a shareholder. Whenever bulk withdrawal of deposits takes place, the government as a shareholder will step in to adequately capitalize the bank,” he said.