Explore Now Shares of
Punjab National Bank (down 2.21 per cent), Central Bank of India (down 2.09 per cent), Punjab & Sind Bank (down 1.93 per cent) and
Indian Bank (down 1.93 per cent) were the top losers in the index. While
Bank of Baroda (up 0.13 per cent) were among the top gainers. The Nifty PSU Bank index was trading 1.4 per cent down at 2283.3 around 01:30PM. Benchmark NSE Nifty50 index was down 5.85 points at 14923.65, while the BSE Sensex was up 28.61 points at 50423.69. Among the 50 stocks in the Nifty index, 18 were trading in the green, while 32 were in the red. Shares of Vodafone Idea, PNB, Bank of Baroda, SAIL and Tata Power were among the most traded shares on the NSE.
Read more about PSU banks tumble following nationwide strike by employees on Business Standard. Shares of eight PSU banks declined on Monday as employees of PSU banks have gone on a nationwide strike to protest against the proposed privatization of two state-owned lenders.
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Two-day bank strike: SBI, Bank of Maharashtra services likely to be hit; here s what you should do
Bank strike on March 15-16: Both SBI and Bank of Maharashtra are taking necessary measures to ensure that services remain unaffected, they said they can t quantify the expected loss due to this strike at present
BusinessToday.In | March 11, 2021 | Updated 16:55 IST
This two-day long strike has been called by the United Forum of Bank Unions (UFBU)
In the run-up to the two-day bank strike on March 15-16, India s largest public sector bank SBI (State Bank of India) and Bank of Maharashtra have said that their services may be affected due to the strike.In view of this, customers have been advised to plan cash withdrawals and transfers well in advance.
A.B. Vijayakumar joins as Executive Director, Bank of Maharashtra
A.B. Vijayakumar joined as Executive Director, Bank of Maharashtra (BoM) on 10th March, 2021. Before joining BoM, Vijayakumar was Chief Vigilance Officer at Indian Overseas Bank from 1
st April 2020. Prior to joining Indian Overseas Bank he worked as Chief Vigilance Officer in erstwhile Corporation Bank and prior to that heworked as Chairman of Madhya Pradesh Gramin Bank also.
Vijayakumar started his banking career from joining Bank of India in the year 1984 and has wealth of over 34 years of rich banking experience. He rose to the level of General Manager in the year 2018 handling multifarious activities both at the field level and at administrative office handling key functional areas including working at Staff Training College of the Bank. He has served across the length and breadth of the country and also worked as a Compliance Officer at Hong Kong centre.