PSU banking stocks: Why IIFL prefers SBI over BOB? Target prices & more
IIFL Securities has articulated a preference for State Bank of India (SBI) over Bank of Baroda (BOB), driven by expectations of a reversal in recent profitability trends. Despite BOB’s higher average Return on Assets (ROA) over the past three years, the brokerage expects this to change due to inferior margin trajectory and rising credit costs