Financial service as a space has been going through structural changes. Right from the entry of the new age, fintech players whose target is to get business by reducing the cost of transactions to mega mergers of HDFC and HDFC Bank. On the other side there has been a quiet comeback by the PSU banks space, which after many years are showing improved performance on many parameters on a sustained basis. After the current phase of correction is over, will they again lead the rally?
