Indian Overseas Bank - Turn around story or Further Wealth Destroyer

I can confirm by experience don’t invest in PSU banks … there is a huge value migration from public to private banks .

I doubt if this bank will ever come out of its NPA mess

Rather book losses and put in good quality banks like HDFC , KOTAK, RBL

disc : I’m invested in above private banks . My views can definitely be based .
But my experience is real :blush:.

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