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Public sector banks draw foreign funds, bucking wider pullback
The Economic Times· 2026-02-19 07:42
Foreign investors increased their stake in top state-run lenders including Bloomberg“These banks have caught up with private banks in digitizing operations — and the impact is now showing up in their performance,” said Kranthi Bathini, a strategist at WealthMills Securities Pvt. “The street is now finding promise in these firms, and that has narrowed their valuation discount relative to peers.” BloombergLive EventsThis comes as foreigners’ overall holding in the NSE 500 Index fell to 18.1% as of Dec. 31, ...