Tag: Lower Valuations
- 18 Sep
PSU Bank Stocks Continue to Rally: Strong Credit Growth, Lower Valuations, and Asset Quality Improvement Key Drivers
The recent rally in PSU bank stocks is being driven by a number of positive factors, including strong credit growth, relatively lower valuations, and commendable work on the asset quality front. Analysts remain positive on the outlook for PSU bank stocks, expecting further gains in the coming months.