PNB, SBI best bank stocks: Nirmal Bang Institutional Equities
By Prashant R Nair | Published On: February 01, 2013 09:30 (IST) | Duration: 10 min, 11 sec
Hemindra Hazari, head of research, Nirmal Bang Institutional Equities, says that he has turned positive on banks recently. He says the reasons are very strong. FII flows and capital raising by India Inc should enable the companies to repair balance sheets and pay back loans. Asset quality has probably made a low in Q3, he adds.