Private bank stocks are outperforming PSU banks. Will the momentum last?

September 24, 2024

HDFC Bank and ICICI Bank have spearheaded a resurgence in private banking sector, with significant contributions from other major players such as Axis Bank, Kotak Mahindra Bank, Bandhan Bank, and IndusInd Bank. Over the past month, HDFC Bank’s share price has increased by 8%, while ICICI Bank has seen an impressive 12% rally.

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