India  
 
NewsR.in

Bank valuations could rise by $7 trillion in five years, study finds

IndiaTimes Monday, 15 January 2024
Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting Group said in a report on Monday. Lenders could roughly double their current valuations if they pursue growth and improved price-to-book ratios despite obstacles, the consultant said. "The largest driver of pessimism about the banking sector has been the significant drop in profitability," BGC said.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Peregrine 1: the first U.S. lunar lander in more than 50 years headed for the moon [Video]

Peregrine 1: the first U.S. lunar lander in more than 50 years headed for the moon

The Peregrine 1 mission will be the first ever by a private company and the first launch to the moon by Americans in more than five decades. The U.S. spacecraft, seeking to become the first American..

Credit: Rumble     Duration: 11:34Published