Banking funds faced pressure recently due to foreign institutional investors selling. The loan to deposit ratio is high, making deposit mobilization challenging for banks. Despite recent underperformance, experts suggest considering these funds for medium-term investment. They recommend an allocation of 10% to 15% as a contrarian strategy. The overall outlook for the sector is neutral to mildly positive. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
