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VERIFIEDET Markets·neutral

SBI margins drag PSU banks, but private banks set for comeback: Pranav Gundlapalle, Bernstein

AI Summary
  • ·State Bank of India's margin drop was a key event impacting PSU banks.
  • ·Analysts suggest the worst may be over for banks, with private sector banks expected to perform well in FY27.
  • ·Foreign investor flows are seen as a key factor for stock performance, with HDFC Bank, Axis Bank, and Paytm favored.
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