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PSU banks rebound from day's low post Vijaya Bank's Q1 results

SBI, Bank of Baroda, Vijaya Bank, Bank of India, Canara Bank, Union Bank of India, Oriental Bank, PNB, Indian Bank, Syndicate Bank and Allahabad Bank were up more than 1% on the NSE.

Vijaya Bank gets shareholders' nod to raise Rs 900 cr
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SI Reporter Mumbai
Shares of public sector undertaking (PSU) banks have moved by up to 6% on the National Stock Exchange (NSE) after Vijay Bank said its assets quality improved in June 2018 (Q1FY19) quarter.

State Bank of India (SBI), Bank of Baroda, Vijaya Bank, Bank of India, Canara Bank, Union Bank of India, Oriental Bank of Commerce, Punjab National Bank (PNB), Indian Bank, Syndicate Bank and Allahabad Bank were up more than 1% on the NSE.

At 01:53 pm; Nifty PSU Bank index was up 1.7% at 2,849 points, gaining 2.1% from its intra-day low of 2,788. On comparison, the