From 01 Apr 20, following are the only nationalised banks
1. SBI - 187
2. Bank of Baroda - 51
3. Punjab National Bank - 30
4. Canara Bank - 90
5. Union Bank of India - 29
6. Indian Bank - 44
7. Bank of India - 32
8. Central Bank of India - 12
9. Indian Overseas Bank - 7
10. Punjab & Sind Bank - 11
11. Bank of Maharashtra - 9
12. UCO Bank - 9
Total - value per share of all banks is 513
Together these account for 60% of value of 1 share of HDFC Bank @ 830 per share.
Now we should understand that why public is wary of buying public sector banks as one does not know when govt will order these banks to bail out any dwindling fortune bank or NBFC or as a matter of fact any industry by asking them to give them loans at subsidised rates.
Stay safe during the Chinese virus pandemic and make use of this lockdown by getting profit using our today's intraday recommendation and be a part of a 5% gang which makes money in the stock market every day.
1. SBI - 187
2. Bank of Baroda - 51
3. Punjab National Bank - 30
4. Canara Bank - 90
5. Union Bank of India - 29
6. Indian Bank - 44
7. Bank of India - 32
8. Central Bank of India - 12
9. Indian Overseas Bank - 7
10. Punjab & Sind Bank - 11
11. Bank of Maharashtra - 9
12. UCO Bank - 9
Total - value per share of all banks is 513
Together these account for 60% of value of 1 share of HDFC Bank @ 830 per share.
Now we should understand that why public is wary of buying public sector banks as one does not know when govt will order these banks to bail out any dwindling fortune bank or NBFC or as a matter of fact any industry by asking them to give them loans at subsidised rates.
Stay safe during the Chinese virus pandemic and make use of this lockdown by getting profit using our today's intraday recommendation and be a part of a 5% gang which makes money in the stock market every day.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
