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Challenges for banking sector!
As in FY23, the top three banks in India have a P/B multiple of 2.5 – far higher than the 0.5-1.5 band for banks in some major countries.
As in FY23, the top three banks in India have a P/B multiple of 2.5 – far higher than the 0.5-1.5 band for banks in some major countries.
