In the last few years, the returns from the Indian banking sector have not been very impressive. The PE ratio and PB ratio are all below their averages. Currently, the results of HDFC Bank and Kotak Mahindra Bank will decide whether banking stocks or the sector will revive from here or remain where they are, because the chances of going further down are low. If it does go down, it will be interesting to see how much. Two days ago, Axis Bank announced its results, which caused a slight bounce in the private banking sector. Now, we are waiting for the results of India’s largest banks.
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