Shares of Union Bank of India (up 3.29 per cent) , Indian Bank NSE 3.05 % (up 2.99 per cent) , Jammu & Kashmir Bank Ltd. (up 2.80 per cent) and Canara Bank (up 2.65 per cent) were the top performers in the index.
Bank of Baroda (up 2.51 per cent) , Punjab National Bank (up 2.48 per cent) , Bank of India (up 2.04 per cent) and State Bank of India (up 1.78 per cent).
The Nifty PSU Bank index was trading 2.22 per cent up at 2473.35.
Benchmark NSE Nifty50 index was up 36.40 points at 11,039.45 while the BSE Sensex was up 149.15 points at 37,294.60.
Shares of YES Bank, Tata Motors, Vodafone Idea, Ashok Leyland, JSPL, ICICI Lombard General Insurance Company, SAIL, Dish TV India, PNB and Bank of Baroda were among the most traded securities on the NSE.