In the last few days, there has been a debate about PSU and private banks. A debate which partially has been ignited by the fact that in the last few trading sessions both the PSU and private banks have come under pressure. There is a third set of banks which once again not finding much mention on the street. But the fact is that over the last few years, they have been improving their performance. The reason for the improvement is simple, when RBI makes a change in law, it applies equally to all, whether it is HDFC banks or SBI or a bank which is neither private nor public and is some sort of hybrid. So, these lesser talked ones are a set which come with their own shortcoming and strength.
