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.
Oriental Bank of Commerce, Central Bank of India, Syndicate Bank and Allahabad Bank were up in the range of 3 per cent to 6 per cent on the NSE.
State Bank of India, Punjab National Bank, Indian Bank and Bank of Baroda were trading lower by 3% on NSE at 09:36 AM
At 11:49 AM; Nifty PSU Bank index, the largest gainer among sectoral indices, was up 3% at 3,854, bouncing back 7.4% from its intra-day low of 3,587 on the NSE.