India's Public Sector Undertaking (PSU) banks have shown remarkable growth under Prime Minister Narendra Modi's leadership, transforming the banking sector and achieving significant profits. PSU banks have outperformed private banks with impressive returns, marking a resurgence from previous losses to profits of over Rs 1 Lakh 70 thousand crore in the last 2 years. Investors have been impressed with a 92% return in FY24, surpassing Nifty 50's 28% return, indicating a strong rally in the PSU sector.
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#MarketsWithMC | After years of snoozing, PSUs have wowed investors in FY24 with a 92% return, far outpacing Nifty 50's 28%. Let’s dive into the details of this rally and see what's next 👇 https://t.co/6sq5ni2cLD @ZoSpringwala | #PSUs #Markets #Stocks
PSU Banks Are Surging Ahead! From facing staggering losses of Rs 2 Lakh crore in 2014 to surging into a profit of over Rs 1 Lakh 70 thousand crore in the last 2 years, PSUs are scripting a spectacular comeback. Watch now to see how this happened. #PSUBanks #NewIndia… https://t.co/ois4oKzAZA
Prime Minister Narendra Modi praises the significant role of PSU banks in transforming the banking sector. #PSU । #bankingsector https://t.co/rpAvNNmMfh
In a surprising turn of events, #PSUbanks have left private banks in the dust with their impressive returns over the last year. Looks like PSU banks are the new investment stars⭐ https://t.co/vDglAHfrNG
A robust economy is built on strong pillars...💪🏼🇮🇳 Under PM @NarendraModi ji's leadership, India's Banking Sector has not just transformed but also set new benchmarks for success. Take a look at how Public Sector Undertaking (PSU) Banks are aiding the nation's growth story. https://t.co/osgFHxvHsT