State Bank Of India

Finance Minister, P Chidambaram in its Union Budget 2013-14 proposed to provide Rs 14,000 crore for PSB recapitalization. He also announced capital infusion of Rs 12,517 crore to PSU banks by March 2013

State Bank of India is currently trading at Rs 2218.40, up by 4.55 points or 0.21% from its previous closing of Rs 2213.85 on the BSE. The scrip opened at Rs 2234.70 and has touched a high and low of Rs 2236.00 and Rs 2205.30 respectively. So far 137119 shares were traded on the counter.

Bank of Baroda is currently trading at Rs. 737.40, up by 1.55 points or 0.21% from its previous closing of Rs. 735.85 on the BSE. The scrip opened at Rs. 740.00 and has touched a high and low of Rs. 743.00 and Rs. 730.60 respectively. So far 30135 shares were traded on the counter.

Last time, Finance Minister, Pranab Mukherjee announced Rs 15,888 crore capital for public sector banks; a financial holding company to cater to financial needs of public sector banks