PSU banks still have room to run, but selectivity is key: Mayuresh Joshi

December 16, 2025

PSU banks are poised for continued growth, with market participants confident the rally is far from over despite near-term challenges. Valuations remain attractive, and improved asset quality and comfortable capital adequacy are expected to drive outperformance against private lenders. Investors are advised to remain selective and monitor macro and stock-specific developments.

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