Indian Bank, Canara Bank jump 40% in FY26. Are PSU bank stocks set for a golden comeback?

  • Posted on October 6, 2025
  • By Business News Today
  • 1 Views
Indian Bank, Canara Bank jump 40% in FY26. Are PSU bank stocks set for a golden comeback?

Public sector banks have staged a major comeback in FY26, with the Nifty PSU Bank Index soaring 20% in six months. Indian Bank and Canara Bank lead gains, each up nearly 41%. Analysts see PSU lenders outperforming private peers as profits, RoA, and credit growth improve.
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