Bank of Baroda, Dena Bank, Vijaya Bank will move up due to merge

Sep 17, 2018

As government has announced merger of 3 banks - Bank of Baroda, Dena Bank, Vijaya Bank, the price of these stocks will move up.

Here is the news

economictimes.indiatimes.com/industry/banking/finance/banking/the-government-logic-behind-the-merger-of-three-banks/articleshow/65844701.cms

Sep 17, 2018

Note

Dena bank will get more benefit as its NPA will go down from 11% to 5.7% so its price will move up more

Sep 17, 2018

Note

Bank of baroda and Vijaya Bank will not get much benefit out of merger so watch those stocks first then decide buy or sell.

Sep 18, 2018

Note

News channels has recommended to sell bank of baroda and vijaya bank and recommended to buy dena bank , so trade accordingly