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Public sector banks: Public sector banks could re-rate further: Analysts

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Mumbai: Motilal Oswal Financial said Indian state-owned bank shares may rerate further driven by the ongoing earnings traction, aided by improved loan growth, margin stability, and controlled credit costs. The brokerage said SBI, Canara Bank and Bank of Baroda are its top picks. “Several PSBs have raised capital from the market and have a healthy … Read more