Three PSU Banks with SBI-Like Performance Trade 58%-63% Cheaper

Banks are places where people save money and borrow money.

In India, some big banks are owned by the government, and these are called PSU banks.

Four of these banks - Central Bank of India, Bank of India, Bank of Baroda and State Bank of India - shared how they performed in the April-June quarter of 2026.

All of them gave out many more loans than they did one year before, which is a good sign.

Three of the banks look cheaper to buy than the biggest one, State Bank of India.

A cheap bank share costs less compared to the money the bank has.

One bank, Bank of Baroda, earned much less profit because it had to pay a very big amount as part of a legal settlement.

The biggest bank, SBI, has its lowest level of bad loans in more than twenty years.

The article asks investors to keep an eye on the three cheaper banks and see if they keep doing well.