Six PSU banks namely State Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, Union Bank, Bank of Baroda (BOB) and Indian Bank are expected to see over $921 million in passive MSCI inflows if the FII limit on PSU banks are raised to 26 per cent from the current 20 per cent. Chances of an FII limit increase look likely, a media report suggested. From a passive flows perspective, the big impact would come via MSCI indices if the change goes through, Nuvama Alternative & Quantitative Research said. Advertisement

SBI is seen as major beneficiary with $466 million in passive inflows, as its current FII holding stands roughly at 10 per cent. Indian Bank could be fresh inclusion to MSCI indices and may attract $177 million inflows. BOB and PNB may see $76 million each inflows on wei

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