InvestorQ : How will merger of Dena Bank, Bank of Baroda and Vijaya bank will affect their share price?
krithika Saxena made post

How will merger of Dena Bank, Bank of Baroda and Vijaya bank will affect their share price?

Answer
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Dawn Cherian answered.
1 year ago


The merger of Dena Bank, Bank of Baroda and Vijaya bank comes as a solution to manage bad loans. Cabinet has given approval for the merger on 02 Jan 2019 and this has affected the price of their shares too. While Shares of Vijaya Bank and Dena Bank fell up to 19 percent in Thursday's trade, on contrary to this Shares of Bank of Baroda (BoB) climbed 3 percent.


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Purvesh answered.
1 year ago


Dena and Vijaya Bank employees are lucky to get such a great break. Bank of Baroda is going to be one of the Multibagger in Next 5 years.