Bank of Baroda shares dip 16%, Dena Bank up by 20% after merger announcement

Bank of Baroda’s market valuation fell by Rs 5,726.62 crore to Rs 30,013.38 crore on BSE. Vijaya Bank lost Rs 442.61 crore to Rs 7,355.39 crore in market capitalisation, while shares of Dena Bank jumped 19.75 per cent to end at Rs 19.10 — its highest trading permissible limit for the day.

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