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

BANK OF BARODABSE

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⋅ Sep 17, 2018 4:43 PM

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 5:36 PM

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 5:37 PM

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 2:16 AM

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