Nifty Bank Reshuffle: State-run Canara Bank makes entry while Bandhan Bank pushed out
PSU stock Canara Bank has entered the Nifty Bank index at the cost of Bandhan Bank as part of the semi-annual rejig. Canara Bank’s average free-float market capitalisation stood at Rs 38,973 crore over six months as against Bandhan Bank’s Rs 15,945 crore. With its inclusion, Canara Bank is expected to receive flows of $…
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