14:55 IST, the BSE Bankex was up 1.68% to 10,203.74. It outperformed the Sensex, which was up 1.30% at 17,004.63.Axis Bank (up 0.78% to Rs 992.55), Punjab National Bank (up 1.05% to Rs 909.05), ICICI Bank (up 1.07% to Rs 895), Andhra Bank (up 1.19% to Rs 114.80), IndusInd Bank (up 1.34% to Rs 128.40), Bank of Baroda (up 1.76% to Rs 540.10), Indian Overseas Bank (up 1.85% to Rs 113), State Bank of India...
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MUMBAI: Corporation Bank, Andhra Bank and Dena Bank, are the hot favourites takeover targets among the large PSU banks which met the Finance Ministry officials on Wednesday. Chiefs of Punjab National Bank, Canara Bank, Union Bank of India, Bank of India and Bank of Baroda met Finance Ministry official to discuss the pros and cons of consolidation among banks in India. Sources from banking industry,...
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Corporation Bank, Andhra Bankand Dena Bank, are the hot favourites takeover targets among the large PSU bankswhich met the Finance Ministry officials on Wednesday.Chiefs ofPunjab National Bank, Canara Bank, Union Bank of India, Bank of India and Bankof Baroda met Finance Ministry official to discuss the pros and cons ofconsolidation among banks in India.Sources from banking industry, oncondition of...
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As many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal. Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend...
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many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal. Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend and...
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Thirteen public sector banks, including the Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve their annual target for farm sector lending in the last fiscal.Corporation Bank, the United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, according to a report by the Reserve Bank of...
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many as 13 public sector banks, including big ones such as Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve the annual farm sector lending target during the last fiscal.Besides, Corporation Bank, United Bank of India, Dena Bank, Vijaya Bank, Bank of Maharashtra, Oriental Bank of Commerce and Punjab and Sind Bank also missed the target, said a report on trend and...
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Jubilant Organosys spurted 9.44% to Rs 305.45. The stock topped the gainers in the BSE 'A' group. Last week, Jubilant Biosys, a wholly owned subsidiary of Jubilant Organosys, signed a pact with Singapore-based Duke University for global research and drug development.Shares of a host of state-run banks rose on hopes of consolidation among PSU banks. UCO Bank surged 7.96% to Rs 59.70. The stock was the...
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11:34 IST, the BSE Bankex fell 0.70% to 9,993.92. It underperformed the Sensex, which was down 0.91% at 16,588.96.Karnatak Bank (down 3.62%), Federal Bank (down 2.74%), IndusInd bank (down 2.10%), Kotak Mahindra Bank (down 1.94%), Yes Bank (down 1.46%), IDBI Bank (down 1.32%), HDFC Bank (down 1.26%), Allahabad Bank (down 1.02%), Bank of Baroda (down 0.98%), ICICI Bank (down 0.86%), State Bank of India...
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The process may begin with banks where govt holds around 51%Consolidation in the public sector banking space might begin with large banks in which the government holding is close to 51 per cent.Government officials said the move would enable these banks to expand their business, which could otherwise be hampered by constraints on raising capital.At present, the law bars government holding in public...
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