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.
| ||
---|---|---|---|---|---|
273.7 INR | +1.35% | -0.60% | 16.96B | ||
135.8 INR | -0.07% | -0.84% | 12.41B | ||
117.8 INR | +0.47% | -1.34% | 12.79B | ||
54.49 INR | +1.13% | -0.53% | 7.81B | ||
1st Jan change | Capi. | |
---|---|---|
+12.62% | 209B | |
+5.85% | 75.35B | |
+10.53% | 58.06B | |
+6.05% | 49.13B | |
+6.01% | 44.61B | |
+27.72% | 44.19B | |
-10.16% | 37.68B | |
+9.40% | 35.35B | |
-96.60% | 32.24B |