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Deven Choksey Positive on Frontline PSU Banks

PUBLISHED ON: December 22, 2014 | Duration: 7 min, 43 sec

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Deven Choksey, MD of KR Choksey Securities, says frontline PSU banks will benefit from a pick-up in credit offtake and NPA pressures will recede as the economy picks up. Besides, falling interest rates will positively impact their bond portfolio, he added.
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