India's State-Run Banks Defy Foreign Equity Pullback

India's state-run banks are showing resilience amid a broader retreat by foreign investors from the country's equities. Bloomberg posted on X, highlighting that these banks are attracting attention due to their strong performance and potential for growth. Despite the overall decline in foreign investments, state-run banks have managed to maintain stability, driven by robust domestic demand and government support. Analysts suggest that the banks' focus on improving asset quality and increasing profitability has contributed to their appeal source: https://www.binance.com/en/square/post/293248813603601?utm_source=BinanceNewsRSS