Business Standard

PSU Banks: Time to cherry pick

Even as concerns over PSU Banks asset quality, growth rates remain, experts say there are few like BoB, OBC, Union Bank which offer a favourable risk-reward equation

Related News

>

PSU Banks: Time to cherry pick
Even as concerns over PSU Banks

Read more on:   
|
|
|
|

PSU Banks: Time to cherry pick

Even as concerns over PSU Banks asset quality, growth rates remain, experts say there are few like BoB, OBC, Union Bank which offer a favourable risk-reward equation

Rising asset quality woes and slowing credit off-take have hit the stocks of most PSU banks over the past one year. The recently announced higher provisioning requirement by RBI will also impact their earnings. However, experts believe while the falling interest rates and improvement in GDP growth will reflect positively on these banks, some PSU banks offer favourable risk-reward even in this environment. >
PSU Banks: Time to cherry pick
Even as concerns over PSU Banks image

Read More

ONGC: Street cautious on OVL's acquisition

The largest ever acquisition by ONGC Videsh Ltd (OVL) of $5 billion for 8.4% stake in assets in North Caspian Sea not only increases its reserve base ...

Recommended for you

Advertisements

Quick Links

Market News

Kolte Patil Developers has a lesson for all of us

KPDL's Nestfest event in February is a lesson for all of us sages who feel that the best thing to do is to duck and let the slowdown storm blow ...

Bosch's Nifty inclusion draws flak

Not only is the stock expensive in absolute terms - its last price was over Rs 22,500 a piece - it also trades at rich valuations of 80 times ...

Domestic MFs acting as counterbalance to FIIs

On previous occasions also (October and December 2014), MFs have been strong buyers during sell-offs from foreign investors

Devangshu Datta: When FIIs hold the key

The long weekend offers some time for traders to catch their breath. Presumably, FIIs will take stock of the implications of the US Federal ...

FIIs struggling to understand if economy is picking up or slowing down: Neelkanth Mishra

Q&A with the India Equity Strategist of Credit Suisse

 

Back to Top