PSU Banks - Business Outrank

The focus remains on PNB, Canara Bank, SBI, BOB, BOI as InCred Equities predicts PSU banks will have a mixed outcome. The report indicates PSU banks will experience reduced profitability because savings deposits have limited repricing options yet analysts identify specific state-owned banks for positive growth. The top pick among them is Punjab National Bank (PNB) because it benefits from reduced credit costs and written-off account recovery possibilities and tax benefit potential. The analysts recommend Canara Bank because it offers reasonable valuations together with expected credit cost moderation. The valuation-related constraints have led analysts to assign a 'Hold' rating to State Bank of India (SBI) and Bank of Baroda (BOB). Bank of India (BOI) faces both profitability and liquidity issues which lead analysts to maintain a cautious outlook. The PSU bank sector delivered better performance than private banks from March 2021 until July 2024 but experienced a 15% price correction because of slowing growth and repo rate uncertainty. The price-to-book valuation re-rating from 0.6x to 1.3x now appears unlikely to persist. Non-SBI PSU banks will grow at 12–13% through FY26–27 based on their ability to attract deposits and maintain strong balance sheets.

What's Hot

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: PSU Banks

PNB, Canara Bank, SBI, BOB, BOI: PSU Banks Face Mixed Outlook Amid Valuation Concerns

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

A Joyous Union Celebrated by the Upadhyay Family

Our Picks

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

Most Popular

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Top 10 World Best Business Opportunities In The World

Shaping The Future: Unmasking the energetic universe of innovative Startups

Subscribe to Updates

What's Hot

Browsing: PSU Banks