Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi
Despite healthy return ratios and minimal asset quality issues, several PSU banks are trading below book value, according to Krishna Sanghavi, CIO-Equity at Mahindra Manulife. This valuation anomaly comes at a time when the fund house is launching a dedicated BFSI sectoral fund, betting on India’s demographic dividend and the ongoing financialization of savings in … Read more