Deepak Shenoy also sees scope for good returns ahead in mid-level and larger private sector banks. This positive outlook is attributed to credit growth returning to 15% levels, despite their historically unimpressive performance.

Deepak Shenoy’s track record: 5 graded calls · 95% CI 4–62%

Nifty PSU BankBullishCalled 10 Feb 2026Graded 19 Jul 2026
Verdict:MISS

Nifty PSU Bank decreased from ₹9155.75 to ₹8846.05, a decline of 3.38% over 30 days.

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