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PSU banks trade mixed ahead of RBI board meet outcome

Nifty PSU Bank index, the largest loser among sectoral indices, was down 0.82% at 12:07 PM; after gaining 5% in past four trading days on the NSE till Friday.

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SI Reporter Mumbai
Shares of public sector banks (PSBs) were trading on a mixed note ahead of the Reserve Bank of India (RBI) board meeting today.

Bank of Maharashtra, Syndicate Bank, Vijaya Bank and Central Bank of India were up 2% each, while Dena Bank, Andhra Bank, Bank of Baroda, Corporation Bank, Indian Overseas Bank and Allahabad Bank were up 1% each.

However, State Bank of India, Oriental Bank of Commerce, Bank of India, Union Bank of India and Canara Bank were down in the range of 1% to 3% on the NSE.

At 12:07 PM; Nifty PSU Bank index,