Public sector banks are performing strongly. Their September quarter earnings have boosted investor confidence. Bank of Baroda and Indian Bank saw significant gains. Analysts note improved valuations and declining NPAs. This resilience makes PSU banks an attractive investment. Their performance outshines private banks and the broader market over the last six months.
Brookfield Asset Management will invest twelve billion dollars in Andhra Pradesh's renewable energy sector over the next three years. This is the largest overseas commitment to India's green energy sector. The global firm also plans to establish a township and multiple hotels under its Leela brand.
