October 17, 2026
Business

The 500% market mystery: Is another wave of mergers fuelling the PSU bank stock rally?(Soban News)

A financial paradox is unfolding in India: while multi-billion-dollar FDI deals are pouring into private banks, reaffirming investor confidence, the once-struggling PSU banks have scripted a stunning turnaround, with their index soaring nearly 500% in five years, leaving the Bank Nifty far behind.

​A financial paradox is unfolding in India: while multi-billion-dollar FDI deals are pouring into private banks, reaffirming investor confidence, the once-struggling PSU banks have scripted a stunning turnaround, with their index soaring nearly 500% in five years, leaving the Bank Nifty far behind. by Soban News (international And National News)

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