PSU bank stocks to buy: Will the outperformance continue? Understanding risks a must. 13 PSU banks, 7 with an upside potential of up to 37%
Synopsis Which is the sector where there is, literally, no small-cap company? The answer: PSU banks. In terms of market cap, none of the banks fall in the small-cap category. But yes, there are small PSU banks β those with a smaller loan book size than others. For a majority of the investors and traders,…
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IDBI Bank shares rise 7% after RBI submits ‘Fit & Proper’ report
Shares of IDBI Bank rose 7% to Rs 94 in Thursday’s trade on BSE after the Reserve Bank of India (RBI) has reportedly given its ‘fit and proper’ approval on bidders for the Bank ahead of the Union Budget 2024. IDBI Bank has been up for privatisation for several years, and the govt had been…
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