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Banking funds have fallen 7.77% in the past month. Should you be worried?

For investors, it would not be the right time to make any move, either buy or sell

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Tipping Point

Business Standard 



Punjab National Bank, PNB
A bird flies past the logo of Punjab National Bank installed on the facade of its office in Mumbai, India | Photo: Reuters

The banking sector has been under serious duress due to rising non-performing assets as well as a number of frauds. Though the frauds are largely limited to public sector banks, even private sector banks have taken a hit due to these concerns. For investors, it would not be the right time to make any move, either buy or sell, because there isn’t any clarity on how things will pan out.

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First Published: Wed, February 28 2018. 20:46 IST

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