GAIL tariff hike seen as positive; rising interest in mid-tier banks: Siddhartha Khemka

Motilal Oswal’s Siddhartha Khemka said investor interest in mid-tier private and public banks is rising thanks to better fundamentals, improved regulation and capital support. Lenders, including Federal Bank, AU Small Finance Bank, Canara Bank, Indian Bank and Union Bank, are seen as well-positioned for further valuation upside.

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