State Bank of Mysore Ltd stock was higher by 18% at Rs.648.Union
Cabinet approved the takeover by State Bank of India (SBI) of several
subsidiaries, according to reports.
This move comes to consolidate the country’s struggling public sector banks.
BUY STATE BANK OF MYSORE ABOVE 640 TG 645, 652, 660 SL 632,
Report says that SBI's board had already approved the takeover of
State Bank of Bikaner and Jaipur, State Bank of Hyderabad , State Bank
of Mysore and State Bank of Travancore, as well as Bharatiya Mahila
Bank.
BUY STATE BANK OF MYSORE ABOVE 640 TG 645, 652, 660 SL 632,
1 Comments
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