I think so yes, PSU banks and SBI subsidiaries are really available still at 5-10 kind of PEs, so there isnt much downside.
But, its prudent to first check the moving averages before jumping in at any price, but I believe there is still a good value left in all bank stocks.
But, of course, you need to stock specific, banks like Karur Vyasa has really doubled, and any more upside or value will really be hard to gain.
Stay away from banks that are in news I would say!
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