State Bank of Mysore zooms 18% Buy@TG 645,652,660

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.

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. 
 
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,

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1 Comments

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