In past one month, the Nifty PSU Bank index tanked 20% against 1.6% decline in the Nifty 50 index.
Including today's loss, Nifty PSU Bank has fallen nearly 19 per cent since February 14, when the PNB scam came to light against 3.5% decline in Nifty 50 index
PNB, Bank of India, Oriental Bank of Commerce, Allahabad Bank and Canara Bank were down more than 5% on NSE.
IDBI Bank, Jammu & Kashmir Bank and Canara Bank have recover more than 6% from their respective intra-day lows.
SBI, Syndicate Bank, Bank of India, Oriental Bank, Canara Bank and Allahabad Bank from the Nifty PSU Bank index were up more than 1%
At 02:25 PM; Nifty PSU Bank index was down 2.8% as compared to 1.2% decline in Nifty 50 index.
Nifty PSU Bank index was down 4% as compared to 1% decline in Nifty 50 index
The minister will review also the financial performance of all PSBs at the meeting
Oriental Bank, SBI, Andhra Bank, Syndicate Bank, Union Bank and Allahabad Bank were down 3%-5%
All PSU banks except Canara Bank was trading in red after the formal announcement came through
BOI, Oriental Bank, Canara Bank, PNB, Andhra Bank, Syndicate Bank and Allahabad Bank were down 2%-4%
PNB, BoB, SBI, Canara Bank, Oriental Bank of Commerce, Union Bank of India and IDBI Bank down 4% to 10% on the NSE.
Nifty PSU Bank index was down 3.4%, as compared to 1% decline in each Nifty 50 and Nifty Bank index at 03:15 pm.
Canara Bank, BOI, PNB, Andhra Bank, Oriental Bank and BOB were down between 4% and 6% on NSE.
SBI, Canara Bank, Union Bank of India, BOI, Oriental Bank, Syndicate Bank, PNB and Andhra Bank were up 1% to 7%.
Oriental Bank, BOI, BOB, Union Bank, PNB, Andhra Bank, Allahabad Bank and Syndicate Bank were down over 5% each.
SBI, BOI, Indian Bank and Punjab National Bank were up more than 5% each on the NSE.
SBI, Dena Bank, Indian Bank, Bank of Maharashtra, Bank of India, Canara Bank and Uco Bank were up over 3% on NSE.
United Bank of India, Central Bank of India, Bank of Maharashtra and Indian Bank hits six-month high on NSE.
Nifty PSU Bank rallied 6.5% as compared to less than 1% rise each in the Nifty Bank and Nifty 50 in past four trading sessions.