Recession Brakes Banks

The banking industry in India has become more like a see-saw with the Public Sector Banks (PSBs) on one side and the private ones on the other and each pushing and shoving for investors’ attention. However, the performances of both are in complete contrast too, whether it is in good or bad times, so when one goes up, the other comes down and vice-versa.

This article was originally published on June 16, 2009.