Fundamental Radar: After 50% rally in 3 months, Rahul Malani lists 5 factors why PNB is a top buy for 2023

January 2, 2023

Overall, the SMA-2 book stands at ~0.3% of loans. Improvement in the corporate credit cycle along with the fact that trailing loan growth in the corporate segment has been muted in the past few years should moderate NPL formation further.

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