PSU Banks look attractive; Bank of Baroda top pick: Pankaj Pandey

February 9, 2026

Pankaj Pandey, Head Research, finds PSU banks attractive, with Bank of Baroda as his top pick, targeting ₹340. He anticipates a stronger second half of the financial year and sees potential for M&A and policy support. Pandey also remains constructive on Kotak Mahindra Bank due to improving growth visibility and easing IDBI Bank acquisition concerns.

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