PSU banks poised for rerating to 1.5x book as real estate monetization unlocks growth: Deepak Shenoy

Public sector banks are poised for a significant rerating to 1.5x book value, driven by strong earnings growth and the potential to monetize real estate holdings through REITs. This, coupled with reduced government ownership, presents a compelling setup. Additionally, semiconductors, high-tech manufacturing, and electrical transmission are identified as five-year structural growth stories.