Business Standard

PSBs rally: Oriental Bank, Corporation Bank, and UCO Bank soar 20%

Andhra Bank, Syndicate Bank, Bank of Maharashtra, United Bank of India and Indian Overseas Bank were up in the range of 10 per cent and 16 per cent.

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SI Reporter Mumbai
Shares of public sector banks (PSBs) continued to be in focus with most of the names rallying more than 10 per cent on Tuesday, extending their past two days' gain after the Supreme Court judgement on Essar Steel resolution in favor of financial creditors.

Oriental Bank of Commerce (Rs 62.70), Corporation Bank (Rs 26.45) and UCO Bank (Rs 15.58) were locked in the upper circuit of 20 per cent on the BSE. Andhra Bank, Syndicate Bank, Bank of Maharashtra, United Bank of India and Indian Overseas Bank were up in the range of 10 per cent and 16 per

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