Chetan Deepak Shah

"Indian PSU banks have always been underperformers due to high NPAs on their books and have always been traded at a good amount of discount to industry price-to-earnings (PE). Now the announcement of bad bank and government guarantee for security receipts issued by NARCL is expected to improve the prospects of PSU banks going forward," said Rahul Sharma, Co-Founder at Equity99.

Time To Turn Bullish On PSU Banks After Cabinet Clears Rs 30,600 Crore-guarantee For Bad Bank? The country's largest lender State Bank of India is one of the top picks in the PSU banking space, which experts say can beat private banks

BAJAJ FINANCE: CO STATUTORY AUDITOR RESIGN