Bank of Baroda (NSEI:BANKBARODA) and Canara Bank (BSE:532498) could reportedly acquire smaller banks like Dena Bank (BSE:532121), Vijaya Bank (NSEI:VIJAYABANK), UCO Bank (NSEI:UCOBANK), Union Bank of India (BSE:532477) and United Bank of India (BSE:533171). The government is reportedly holding discussions with six or seven banks to examine synergies as it pushes for consolidation among public sector banks.
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
259.5 INR | +4.53% | -1.48% | 15.37B | ||
141.1 INR | +1.40% | -8.94% | 12.7B | ||
115.2 INR | +5.01% | -1.12% | 11.93B | ||
54.42 INR | +1.21% | -5.04% | 7.68B | ||
1st Jan change | Capi. | |
---|---|---|
+10.30% | 208B | |
-0.53% | 70.96B | |
+11.03% | 57.08B | |
+9.50% | 50.93B | |
+13.87% | 48.45B | |
+29.62% | 46.35B | |
+6.75% | 36.47B | |
-17.73% | 34.5B | |
-96.60% | 32.24B |