The media reported that the government is proposing to privatise Indian Overseas Bank and Central Bank of India.The government is also proposing banking amendments for winter session to enable public sector bank privatization, reports added.
Central Bank of India (up 11.44%) and Indian Overseas Bank (up 11.59%) surged.
The Nifty 50 index was up 61.40 points, or 0.35% at 17,564.75.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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