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PSU Bank merger: You'll have to take stock of your cheque books, passbooks, IFCS, ECS mandates and other things once you start dealing with the new entity
The bank had posted a net profit of Rs 991.37 crore in the January-March quarter of the preceding fiscal ended March 2019
Shares of the company fell 3.40 per cent to close at Rs 92.35 on the BSE. During the trade, it dropped 3.76 per cent to Rs 92
The bank, which got merged with Vijaya Bank and Dena Bank, posted a standalone profit of Rs 425.4 crore in the corresponding quarter of the previous fiscal (Q2FY19)
Credit costs estimated at 1.7% for FY20 may be the highest among peers, says Credit Suisse