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7h agoPSU Bank Index Zooms 24 Percent Since September Bank Of Baroda Canara Nears Record High
The Nifty PSU Bank Index has surged around 24 % since September, driven by strong earnings from major public-sector banks such as Bank of Baroda and Canara Bank. The advance reflects improved asset quality, healthy credit growth in retail and MSME segments, and favourable government support. Analysts say while margins may face pressure, the sector’s valuations remain modest, making it a structural play on India’s credit recovery. Investors should watch interest-rate trends and state-owned bank reforms that could further influence performance.
positive
7h agoPSU Bank Index Zooms 24 Percent Since September Bank Of Baroda Canara Nears Record High
The Nifty PSU Bank Index has surged around 24 % since September, driven by strong earnings from major public-sector banks such as Bank of Baroda and Canara Bank. The advance reflects improved asset quality, healthy credit growth in retail and MSME segments, and favourable government support. Analysts say while margins may face pressure, the sector’s valuations remain modest, making it a structural play on India’s credit recovery. Investors should watch interest-rate trends and state-owned bank reforms that could further influence performance.
positive
PSU Bank Index Zooms 24 Percent Since September Bank Of Baroda Canara Nears Record High
about 8 hours ago
1 min read
81 words
PSU bank stocks up 24 % since September, led by Bank of Baroda and Canara Bank, on stronger earnings and credit growth.
The Nifty PSU Bank Index has surged around 24 % since September, driven by strong earnings from major public-sector banks such as Bank of Baroda and Canara Bank. The advance reflects improved asset quality, healthy credit growth in retail and MSME segments, and favourable government support. Analysts say while margins may face pressure, the sector’s valuations remain modest, making it a structural play on India’s credit recovery. Investors should watch interest-rate trends and state-owned bank reforms that could further influence performance.
The Nifty PSU Bank Index has surged around 24 % since September, driven by strong earnings from major public-sector banks such as Bank of Baroda and Canara Bank. The advance reflects improved asset quality, healthy credit growth in retail and MSME segments, and favourable government support. Analysts say while margins may face pressure, the sector’s valuations remain modest, making it a structural play on India’s credit recovery. Investors should watch interest-rate trends and state-owned bank reforms that could further influence performance.
Companies:
Bank of Baroda
Canara Bank
State Bank of India
Tags:
stocks
india
stocks
india
banking
public_sector_banks
credit_growth
Nov 3, 2025 • 20:58 IST