Investors are scouting an unlikely corner of the stock market: Indian private sector banks

Big bank stocks in India are falling like nine pins. Some investors believe that the gloominess might be overdone.

Shares of private sector banks have had a wretched run of late. Investors had already cooled on the sector in recent years due to a confluence of factors: Economic growth which has slowed to a seven-year low, a worrying trend of loans gone sour in the broader banking system and…

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