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Current Valuation Attractive for Equity Issuance: OBC
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Current Valuation Attractive for Equity Issuance: OBC
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Published On: June 04, 2014
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S L Bansal, chairman at Oriental Bank of Commerce says PSU banks in which the government's stake is more than 58 per cent can go for equity issuance as most PSU banks are currently trading at around 80 per cent of their book value.
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