“After being severely impacted during the previous corporate cycle, PSBs are gradually improving their asset quality,” said Haitong’s analysts Darpin Shah and Nikhil Vaishnav in a note to clients. “Further, these banks are more focused on better-rated corporates and granular loans, which provides some comfort on the asset quality here-on.”
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj
October 25, 2026