3 reasons why BofA thinks the turnaround in PSU bank stocks is here to stay
“We see BOB continuing to lead the PSB turnaround story beyond State Bank of India (SBI) on a more diversified/safer book and a more advanced digital strategy. We remain positive on SBI (Neutral) but see a narrowing scope for positive surprises,” BofA analyst Anand Swaminathan said in a report on Thursday.
