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Central Bank, IOB, UCO Bank rise up to 4% in trade on Feb 25; here's why

The uptick in these stocks came after the DIPAM invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and listed financial institutions

Central Bank, IOB, UCO Bank rise up to 4% in trade on Feb 25; here's why
Updated On : 25 Feb 2025 | 10:45 AM IST

Why is PNB near its 8-month low after slipping 7% in 2 days? Details here

PNB shares have slipped after it announced Rs 109.16 per share as the floor price for the QIP, launched on September 23, that aims to raise Rs 7,500 crore.

Why is PNB near its 8-month low after slipping 7% in 2 days? Details here
Updated On : 25 Sep 2024 | 1:11 PM IST

Nifty PSU Bank index zooms 9%; SBI, Central Bank, BOB rally up to 12%

India's banking system continues to ride the good economic growth momentum, well supported by recent structural improvements in the system.

Nifty PSU Bank index zooms 9%; SBI, Central Bank, BOB rally up to 12%
Updated On : 03 Jun 2024 | 1:40 PM IST

PSU banks trade weak; Andhra Bank, Syndicate Bank, PNB down 5%

At 02:07 pm; Nifty PSU Bank index trading 1.5% lower, as compared to 0.11% rise in the Nifty 50 index.

PSU banks trade weak; Andhra Bank, Syndicate Bank, PNB down 5%
Updated On : 07 Aug 2018 | 2:40 PM IST

PSU Bank extends gain; PNB, Allahabad Bank up 3%

PNB, Allahabad Bank, Oriental Bank of Commerce, Bank of Baroda, Union Bank of India, Bank of India and Canara Bank were up in the range of 1% to 4% on the NSE

PSU Bank extends gain; PNB, Allahabad Bank up 3%
Updated On : 06 Apr 2018 | 2:28 PM IST

PSU Bank extends fall; 11 out of 22 banks hit 52-week lows

In past four trading sessions, the Nifty PSU Bank index slipped 10% against 1.4% decline in the benchmark index.

PSU Bank extends fall; 11 out of 22 banks hit 52-week lows
Updated On : 19 Feb 2018 | 11:00 AM IST