PSU banks ready for revaluation to 1.5x book as real estate income unlocks growth: Deepak Shenoy

Public sector banks are positioned for a significant revaluation from current valuations from 1x book value to 1.5x book value, driven by strong earnings growth and an unprecedented opportunity to monetize real estate investments through REITs, said Deepak Shenoy, founder and CEO of Capitalmind. In an exclusive conversation with ET Now, Shenoy outlined how PSU […]