Economic TimesLean R·
FIIs increase PSU exposure, trim stakes in private banks
Mumbai: Public sector lenders, even those beyond the top rungs of the business and market-capitalisation leaderboards, found favour with foreign institutional investors (FIIs) over the past year, showed an ET analysis, while they reduced exposure to top-tier private banks. Analysts believe the trend mirrors the diminishing premiums for private lenders as state-run rivals quickly close the performance gap.HDFC Bank, India's biggest by value and largely considered the benchmark-setter in prudenti…
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