-18.85 (-1.80%) PSU banks fell after Finance Minister P Chidambaram, in the interim budget for FY14-15, proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year. This amount is lower than the amount that the government infused in the previous year. The government infused Rs 14,000 crore in various public sector banks in this financial year. Of this, the State Bank of India got Rs 2,000 crore while Indian Overseas Bank received Rs. 1,200 crore
State Bank of India (SBI) is currently trading at Rs. 1471.50, down by 3.60 points or 0.24 % from its previous closing of Rs. 1475.10 on the BSE. The scrip opened at Rs. 1476.00 and has touched a high and low of Rs. 1484.90 and Rs. 1463.10 respectively. So far 182917 shares were traded on the counter.
Punjab National Bank (PNB) is currently trading at Rs. 530.40, down by 6.70 points or 1.25 % from its previous closing of Rs. 537.10 on the BSE. The scrip opened at Rs. 539.20 and has touched a high and low of Rs. 540.90 and Rs. 526.70 respectively. So far 64717 shares were traded on the counter.
Bank of India (BoI) is currently trading at Rs. 171.40, down by 2.30 points or 1.32% from its previous closing of Rs. 173.70 on the BSE. The scrip opened at Rs. 174.30 and has touched a high and low of Rs. 175.60 and Rs. 169.70 respectively. So far 330560 shares were traded on the counter.
Bank of Baroda (BoB) is currently trading at Rs. 532.25, down by 3.90 points or 0.73% from its previous closing of Rs. 536.15 on the BSE. The scrip opened at Rs. 540.00 and has touched a high and low of Rs. 541.00 and Rs. 527.40 respectively. So far 87478 shares were traded on the counter.