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.
| ||
---|---|---|---|---|---|
270 INR | +0.90% | -3.52% | 16.59B | ||
135.8 INR | -0.22% | -1.84% | 12.45B | ||
117.2 INR | +0.21% | -0.64% | 12.72B | ||
53.88 INR | -0.52% | -0.61% | 7.75B | ||
1st Jan change | Capi. | |
---|---|---|
+15.61% | 211B | |
+6.38% | 75.28B | |
+9.99% | 56.81B | |
+9.19% | 50.59B | |
+31.52% | 46.09B | |
+6.17% | 43.33B | |
-10.04% | 37.73B | |
+10.76% | 35.23B | |
-96.60% | 32.24B |