How to play India’s banks as interest rates rise
If you plot a chart of the S&P BSE Sensex and the Bankex, an index that tracks the banking sector stocks, you will find a linear correlation for most of…
If you plot a chart of the S&P BSE Sensex and the Bankex, an index that tracks the banking sector stocks, you will find a linear correlation for most of…
In any economy, banks play an important role.
They serve as water to seeds of impressive and profitable ideas which blossom and usher growth and prosperity. In fact, the extent of business in banking sector is indicative of an economy’s health. For a growing economy like India, banking sector assumes greater significance given its pivotal role in reviving the economy. In this context, it is important to understand how healthy are India’s banks to withstand the demand-destructive impact of the widespread of the Coronavirus.
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