Sharp decline in government banks, Nifty PSU bank index fell 4 percent, know the reason - sharp decline in government banks nifty psu bank index fell 4 percent know the reason psu bank stocks

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PSU Bank stocks: Public sector banks are afraid of weak quarterly updates and decline in deposits. If we look at the third quarter update of UNION BANK, the total business of the bank has declined by 0.24 percent on quarterly basis. Whereas on annual basis it has increased by 4.7 percent to Rs 21.65 lakh crore.

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