Data shows that bank stocks such as RBL Bank, AU Small Finance Bank, Canara Bank, The South Indian Bank and City Union Bank surged over 55 per cent since the RBI first cut repo rate in February 2025.
YES Securities said that a detailed analysis of top eight public sector banks (PSBs) reveal that Bank of Maharashtra has the "healthiest" financial metrics.
Nifty PSU Bank index leads gains in 2025 as public sector lenders post strong loan growth, stable profitability and valuation comfort. Analysts expect the rally to continue into 2026
PSBs have benefited from the Reserve Bank of India's (RBI) cumulative 100 basis points (bps) repo rate cut in three tranches till June 2025, and liquidity measures that lowered borrowing costs
At 01:49 PM, the Nifty PSU Bank index, the top gainer among sectoral indices, was up 1 per cent, as compared to a 0.50 per cent decline in the Nifty 50
PSU Bank shares in focus: At 10:37 AM; Nifty PSU Bank index was the top gainer among sectoral indices, up 2.4 per cent, as compared to 0.3 per cent decline in the Nifty 50.
The Nifty PSU Bank, which reflects the performance of public sector banks, outperformed others by rising 2.42 per cent during intraday trading on Tuesday
The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.
State Bank of India (SBI), Indian Overseas Bank (IOB), Uco Bank, Central Bank of India and Union Bank of India slipped between 1 per cent to 2 per cent in intraday deals on Monday
Thus far in the calendar year 2025, Nifty PSU Bank index has underperformed the market by falling 2.5 per cent, as compared to 2.8 per cent rise in the Nifty 50.
Union Bank of India reported a 7.82 per cent increase in its total global business to ₹22.92 trillion for the March 2025 quarter compared to ₹21.26 trillion in the year-ago quarter