Bank of Baroda shares rally; Vijaya Bank, Dena Bank stocks plunge after merger swap ratio announcement

After the mega PSU bank merger between Bank of Baroda, Vijaya Bank and Dena Bank received Union Cabinet approval yesterday, shares of BoB rallied while the other two lenders tanked, as investors reacted to the merger swap ratio announcement.

from The Financial ExpressThe Financial Express http://bit.ly/2F7BtWa
via IFTTT