Economic TimesLean R·
FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?
Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and smaller private lenders. This shift reflects a preference for banks with specific growth triggers and fundamentals. Large banks still offer strong franchises and reasonable valuations for investors. The rotation depends on future earnings and valuation evolution.
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