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PSU Bank merger: These stocks eroded half of shareholders' wealth in 6 months

Updated : February 28, 2020 03:20 PM IST

Since the announcement of the merger, Nifty PSU bank index has plunged more than over 21 percent.
The deadline for the merger is set on April 1, 2020.
Except for Corporation Bank, shares of all other PSU Banks mentioned above hit their fresh 52-week low on February 28.
PSU Bank merger: These stocks eroded half of shareholders' wealth in 6 months

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