Some successful turnaround stories raise hopes for the likes of an MTNL and PSU banks," CLSA analysts wrote. It added that SU banks also stand to benefit if the banks are allowed to work without political interference and are made more efficient through technology upgradation." With reference to Modi's recent comments on empowering the management of government-owned companies, the brokerage reckons that while such a measure would benefit companies like Coal India, it will also lead to greater competition. CIL, the world's largest coal miner, missed both its production and sales targets for 2013-14 by 20 million tonnes each. CLSA sees the state-owned oil marketing companies like HPCL, BPCL and IOCL benefiting from potentially lower oil subsidies.