From NPA nightmares to record profits: Why 3 PSU banks still trade near 1x book value
- Posted on June 23, 2026
- By Financial Express
- 0 Views
- 1 min read
From NPA nightmares to record profits: Why 3 PSU banks still trade near 1x book value
Five years ago, these PSU banks were symbols of India's bad-loan crisis. Today, they're reporting record profits and cleaner balance sheets. Yet the market still values them at a steep discount. What are investors seeing that the numbers aren't, or vice versa?
