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Bandhan Bank to IDBI Bank: 5 bank stocks that investors are betting on

With new strategies in place, the coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank

Topics
CSB Bank | Federal Bank | IDFC First Bank

Hamsini Karthik  |  Mumbai 

Apart from being mid-cap banking stocks, the common link between Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank is that they have undergone a sea change in the past two years. While for IDBI Bank and IDFC First, their new managements have forced them to course correct, in the case of CSB, the need to reinvent may have been for existential reasons.

Notably, on a cumulative basis, slippages have come down for these banks in each of the last five quarters, and so have their non-performing assets (NPAs) ratio. Also, in the wake of a steep fall in valuations, these ...

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First Published: Sun, August 02 2020. 06:36 IST
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