PSU banks doing brisk business

Liquidity is comfortable but still many are complaining about credit disbursals not happening. A recent trend shows that it is in fact the private sector banks and foreign banks that have gone into the shell. The PSU banks have often been considered old-fashioned, slow and cautious, when compared to their new age private sector rivals.But today the tables may have turned completely with them doing brisk business, even as private banks sit tight on their cash.