PSU banks to see up to $4 billion inflows if FII limit gets hiked: Report

India’s PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

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