View on PSU Banks: The superior customer reach and high number of branches are good for the banks Says Ajit Kabi,LKP Securities
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/403ee4453aa1ca8a290663fc3f453301.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below View On PSU Banks By Ajit Kabi, Banking Analyst at LKP Securities
"For the PSU banks, the asset quality concerns are behind because of major write-offs and recoveries from legacy NPAs. The public banks are playing well with the contemporary theme of growth and margins. The superior customer reach and high number of branches are good for the banks. Therefore, we can witness strong credit growth. The lower CDR may provide further room for growth. On the margin front, the repricing of loans is keeping the NIMs intact. Furthermore, an attractive valuation is the key driver for the outperformance of PSU banks. We expect the public banks to continue performing well in the coming period."
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Shyam Metalics and Energy_03july.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gv_luxury_hotels.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gv_Dussehra_tips.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Investment Best for Kids Future.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gv_festive_season.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/food37.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gv_Mental_Health.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gv_Romance.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/NOCIL Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/kotak securities.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/1b1aa0559d7fb797c59191773343d9e7.jpg)
Quote on RBI MPC Maintains Policy Rate at 6.5% Amid Inflation and Growth Projections by Ajit...
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/5227ca2fe5283d5d4f8c18220172eec5.jpg)
Daily Market Analysis : Markets remained range bound and ended marginally higher, in continu...
![Market Wrap Up : Winning streak continues for the third consecutive week Says Mr. Rajesh Bhosale, Angel One](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/04/0a6a7b3746e856eb1c621d2428d53cc8.jpg)
![Quote on FPI : FPI inflows continued in June with a total investment of Rs 16405 crores till 17th June Dr. V K Vijayakumar, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/437d72caf60600ff153660a3e214f4f3.jpg)
![Quote on Bank Nifty : The Bank Nifty index is currently experiencing continued dominance from bears as selling pressure persists from higher levels Says Kunal Shah, LKP Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/baa9dd9d2dd07b22344c4bf2324ddafc.jpg)