These 7 banking stocks can give more than 17% returns in 1 year, according to analysts
Another week when a foreign entity took a large stake in an Indian bank. On the face of it, it might appear to be just another deal. But it is a reflection of a change in the attitude of the regulator. It is now comfortable with foreign entities owning stakes in Indian banks. This is very different from a decade back, when that was clearly a no-go area for any foreign entity. It is also an indication that as soon as foreign investors (who have been taking exposure in banks through the secondary market) make a comeback, the sector is likely to still be at the top of their list.
Another week when a foreign entity took a large stake in an Indian bank. On the face of it, it might appear to be just another deal. But it is a reflection of a change in the attitude of the regulator. It is now comfortable with foreign entities owning stakes in Indian banks. This is very different from a decade back, when that was clearly a no-go area for any foreign entity. It is also an indication that as soon as foreign investors (who have been taking exposure in banks through the secondary market) make a comeback, the sector is likely to still be at the top of their list.
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