INSUBCONTINENT EXCLUSIVE:
Punjab National Bank (PNB) share price was lower by 3.24% or Rs 2.55 to Rs 76.15.PSU banking stocks fell in Wednesday's trading session
On the National Stock Exchange (NSE) at 11:30 am, State Bank of India (SBI)'s share price was down 0.33 per cent or Rs 0.85 to Rs 258.20
Punjab National Bank (PNB) share price was lower by 3.24 per cent or Rs 2.55 to Rs 76.15
All the 12 stocks on the Nifty PSU bank index were in red
Major PSU banking stocks fell despite reports of capital infusion of up to Rs
10,000 crore may take place within this week, or latest by the next, in these PSBs
Last October, the Union Cabinet approved a Rs
2.11 lakh crore recapitalisation plan for PSBs.On SP BSE Sensex share price of SBI fell 0.48 per cent or Rs 1.25 to Rs 258
Banks's share price fell by 3.23 per cent or Rs 2.85 to Rs 85.45 despite the lender posting a 25 per cent jump in its first quarter profit
on Tuesday, helped by higher interest income
the BSE by 3.91 per cent or Rs 3.45 to Rs 85.10.
