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Positive on Public Sector Banks: Nipun Mehta

PUBLISHED ON: August 3, 2015 | Duration: 25 min, 26 sec

   
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Market expert Nipun Mehta says that the quantum of PSU bank recapitalization announced by the government is a positive surprise for the sector. He, however, adds that such a move may not immediately reflect in the lenders' topline and bottomline growth.
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