Indian Banks Lag Global Peers

Indian banks like HDFC, Kotak, Axis, and ICICI have not done well compared to other big banks around the world.

Before the pandemic, they were growing fast and investors liked them.

But after the pandemic, even though they kept growing, their profits didn't grow as much as expected.

This made investors unhappy, and the value of their stocks went down.

On the other hand, big banks in other countries started doing better, and their stocks went up.

The main lesson is that buying stocks at high prices can be risky, even if the company is doing well.