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Bank Shares News

This Mid Cap Cap Banking Stock Grew 22.77% In 3 Months, Brokerage Suggests Buy For Rs 130 Target Price

Axis Securities has given a "buy" call to Federal Bank (FB) for a potential upside of around 7% with a target price of Rs 130 per share. FB is a Kerala-based private sector bank with a pan-India presence. It has exposure ...

Mid Cap Banking Stock Reported 32% YoY Growth In 1Q, Buy For 30% Upside: Motilal Oswal

Motilal Oswal in its recent report on Union Bank Of India is bullish on the stock of the bank. The brokerage suggests buy the stock of the bank for a target price of Rs 50 per share. Bank's asset quality improves. ...

Bank of Baroda's Q2 Net Profit Rises By 24.4% YoY, To Rs. 2,087.85 Crore

India's public sector bank, Bank of Baroda reports a hike of net profit by 24.4% YoY to Rs. 2,087.85 crore in Q2, the quarter ended 30 September. The bank earlier reported a net profit of Rs. 1,209 crore in Q1, this fiscal. {photo-feature}...

Why Investors Are Buying Government Owned Banking Shares?

Investors are increasingly focusing on government owned banking shares, which are holding steady even in a falling markets. Last week, on Wednesday, Thursday and Friday we had a solid dip in the Nifty, but government owned PSU banking shares remained ...