PSU banks surge on strong Q2 credit growth

PSU banks surge on strong Q2 credit growth. Public sector lenders reported robust credit growth in Q2, driving investor confidence. Canara Bank, Bank of India, and Bank of Baroda saw advances rise by 12%, 15%, and 11% respectively year-on-year. Asset quality improved with NPA ratios falling below 5% for all three.

📊 STOCKS: CANBK, BANKINDIA, BANKBARODA | 🏢 SECTOR: Banking | #HIGHIMPACT #Banking