Defence may gain from Budget push; PSU banks, affordable housing finance in focus: Ambareesh Baliga

Baliga said defence has remained a policy priority for the government, as reflected in sustained order inflows. “Orders are not the issue. The challenge over the last one-and-a-half to two years has been capacity bottlenecks, which led to execution delays at companies such as PSU banks preferred over private lendersWithin financials, Baliga said he currently prefers public sector banks (PSU banks) over private sector peers. “Private banks have underperformed over the last few months, while PSU banks have d ...