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Amid The Market Chaos, PSU Banks Silently Rally But Will It Last?

Demonetisation has been ripping the markets apart and Nifty hit a 5 month low today. With demonetisation coming into affect from 9th November most sectors have ...

The Top 10 Banks Show Credit Slowdown, Not Enough Provisioning

The Banking sector in India has slowly been moving up in valuation. In the last three months when Nifty moved by 7.19%, bank nifty moved by 12.98%! Banks are ...

Public Sector Bank Bailouts: IOB and Central Bank Benefit, Allahabad Bank Not So Much

After much waiting finally the first tranche of public sector bank recapitalization is out. The Government has infused Rs 22915 Crs in 13 PSU Banks. ...