Nifty PSU Bank Index Performance: Bank of India, UCO Bank among 7 stocks rebound 15–56% from 1-yr lows - here’s why

The Nifty PSU Bank index has seen a significant rebound, with seven stocks, including Bank of India and UCO Bank, recovering 15-56% from their one-year lows. This rally is attributed to strong quarterly profits, improving asset quality, and increased foreign investment.