SBI vs HDFC Bank: Why public sector banks are beating private banks on the stock market
Monday, 12 February 2024 Public sector banks in India are gaining recognition from investors as their improved asset quality and profitability lead to outperformance compared to private banks. In the past month, State Bank of India saw a 15% increase, Punjab National Bank rose by 26.82%, and Canara Bank gained 23.5%. Union Bank and Bank of Baroda also experienced gains of over 13% and 15% respectively. This shift in investor perception reflects the stronger profitability of public sector banks compared to their private counterparts.
The trend of failing banks continues as New York Community Bank collapses and Moody's changes its rating for the longtime financial institution to "junk." This is another in a series of mid-size regional banks to have fallen. Why is this continuing to happen? Have banking...
Taylor Swift Threatens Legal Action , Over Her Jet Being Tracked.
Jack Sweeney, the Florida college student who's known for tracking Elon Musk's private jet, has also been tracking Taylor Swift.
Jack..
Credit: Wibbitz Top Stories Duration: 01:31Published
Deutsche Bank , to Cut 3,500 Jobs.
Germany's largest bank made
the announcement on Feb. 1.
3,500 job cuts amount to just below 4%
of Deutsche Bank's global workforce.
Back office roles will be..
Credit: Wibbitz Top Stories Duration: 01:30Published
US Will Sanction Israeli , Settlers in the West Bank , Following Attacks.
US Will Sanction Israeli , Settlers in the West Bank , Following Attacks.
NBC reports that President Joe Biden is..
Credit: Wibbitz Top Stories Duration: 01:31Published
Monday, 12 February 2024
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![Deutsche Bank to Cut 3,500 Jobs [Video]](https://video.newsserve.net/300/v/20240201/1364597088-Deutsche-Bank-to-Cut-500-Jobs.jpg)
![US Will Sanction Israeli Settlers in the West Bank Following Attacks [Video]](https://video.newsserve.net/300/v/20240201/1364584232-US-Will-Sanction-Israeli-Settlers-in-the-West.jpg)
