Merger of PSU banks

Q & A ForumCategory: QuestionsMerger of PSU banks
punarvasu5 asked 8 years ago
Is it advisable to buy dena bank and andhra bank @current levels?
1 Answers
Sreekanth Staff answered 8 years ago
Hi, I do not provide suggestions on individual stocks. As per the latest news, Andhra bank may be merged with PNB and OBC.  The banking sector PSU stocks have been beaten down due to NPA mess. An investor who has high risk taking capacity can take a contra call on this sector.  
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