Banking sector valuations compelling after US-Iran war-led correction; ICICI Bank, SBI, Federal Bank, among top picks by Live mint | March 26, 2026 2:05 pm | Indian Stocks, Market, News PSU banks have underperformed their private sector peers, consistent with trends observed during previous market corrections. The Nifty PSU Bank index has dropped 16%, while the Nifty Private Bank index has declined 14.5% over the past month.