The PSU banks they have also seen couple of quarters where the NPA inched up again and then last quarter was a little better for some of the PSU banks, the large ones like State Bank, or even the other banks like Union Bank, J&K Bank, they showed decent numbers last quarter.
FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025
In 2024, FPIs reduced investments in Indian equities due to high valuations and geopolitical uncertainties, but showed increased interest in Indian debt markets. Factors like