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Nifty PSU Bank index hits lowest level since July 2006; SBI at 52-week low

The PSBs have a relatively higher share of exposure in the SME segment, and thus, asset quality should remain under pressure in the near term, according to Motilal Oswal Securities.

Topics
Nifty PSU Bank SBI | Buzzing stocks | Markets Sensex Nifty

SI Reporter  |  Mumbai 

housing market
Bank of Baroda (BoB) hit a multi-year low of Rs 44, down 4 per cent.

Shares of public sector undertaking (PSU) banks were under pressure with Nifty PSU Bank index hitting an over 13-year low on the National Stock Exchange (NSE) on Tuesday on concerns over asset quality.

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First Published: Tue, May 05 2020. 15:11 IST
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