PSU Banks Attractive, Domestic Demand Key; Earnings, Not Valuations, Will Bring FIIs Back: Raamdeo Agrawal
Veteran investor and Motilal Oswal Financial Services chairman Raamdeo Agrawal has underlined the growing attractiveness of public sector banks (PSU banks), emphasizing that strong domestic demand and robust earnings will be the real drivers of foreign institutional investor (FII) inflows into India. Speaking on the current market dynamics, Agrawal noted that valuations alone will not…