The government is once again revisiting its mega reform agenda for PSU banks. From 26–27 public sector banks earlier, the number has already been consolidated to 14, and now the aim is to reduce them to less than 10. A smaller number of stronger banks means better regulation, robust balance sheets, and larger loan capacity to support India’s infrastructure push. market Expert Mayuresh Joshi highlight that valuations of PSU banks remain highly attractive compared to private peers, with improving recoveries, lower write-offs, and legacy deposits providing stability. Banks like Bank of Maharashtra and Bank of Baroda have already reported impressive numbers, making PSU banks a hot sector to watch.
#PSUBanks #BankReforms #IndianEconomy #BankMerger #IndiaBanking #FinancialSector #GovernmentPolicy #InterestRates #BankingSector #BankOfMaharashtra #BankOfBaroda #MayureshJoshi #IndiaMarket #PSUBankStocks
———————–
Thank You for watching! Do not forget to Like | Comment | Share
———————–
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website:
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook:
twitter:
Instagram:
source