Economic TimesLean R·
Bank of India MF CIO Alok Singh sees banks poised for a re-rating. Here’s what could trigger it
Indian banks may be closer to a re-rating than their recent performance suggests. Bank of India Mutual Fund CIO Alok Singh says lenders have the fundamentals investors typically look for—low non-performing assets, healthy return on assets and equity, and loan growth—but lingering concerns over net interest margins and FCNR-related liquidity flows have kept the trade from taking off.That overhang could ease as policy announcements emerge and banks disclose stronger business numbers, Singh said i…
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