Saturday, December 13, 2025 | 12:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

PSU banks extend gains ahead of their meeting with RBI governor

Nifty PSU Bank index surged 2.7% to 3,022, its highest level since September 17, 2018, in intra-day trade on Thursday, rallying 10% from its Tuesday's low of 2,747 on the NSE.

NBFC, funding, funds
premium

Illustration by Binay Saha

SI Reporter Mumbai
Shares of public sector undertaking (PSU) banks were trading higher for the third straight session on Thursday, with the Nifty PSU Bank index gaining nearly 3% ahead of Reserve Bank of India (RBI) governor Shaktikanta Das's meeting with the heads of the state-owned banks later in the day.

Nifty PSU Bank index has surged 2.7% to 3,022, its highest level since September 17, 2018, on the National Stock Exchange (NSE) in early morning trade. In comparison, the Nifty 50 index was up 0.5% at 10,791 points. The Nifty PSU Bank index has rallied 10% from its Tuesday’s intra-day low level of