Public sector undertaking (PSU)
A state-owned enterprise in India is known as a Public sector undertaking (PSUs Coaching) or a public sector enterprise. These companies are owned by the Union Government of India, or one of the State or territorial governments, or both. The company stock needs to be majorly-owned by the government to be a PSU. PSU may be classified as Central Public Sector Enterprises (CPSEs), public sector banks (PSBs) or State Level Public Enterprises (SLPEs).