PSU bank stocks rise, IOB up 8%, Union Bank surges 2%; here’s why

PSU bank stocks rise, IOB up 8%, Union Bank surges 2%; here’s why

PSU Bank stocks surged on April 1, driving the Nifty PSU index up by more than one percent. According to analysts noted that the favorable credit environment at present has bolstered the asset quality of…
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Source: https://www.livemint.com/market/stock-market-news/psu-bank-stocks-rise-iob-up-8-union-bank-surges-2-heres-why-11711965652573.html