Public sector banks could re-rate further: Analysts

December 20, 2023

“Several PSBs have raised capital from the market and have a healthy Tier-1 ratio, which should aid business growth, particularly as the capex cycle revives post general elections,” said Motilal Oswal’s analysts Nitin Aggarwal, Dixit Sankharva and Disha Singha in a note to clients.

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