SBI best pick among PSU banks for long haul: Ashish Agarwal
PUBLISHED ON: November 8, 2012 | Duration: 12 min, 13 sec
Ashish Agarwal of CLSA expects continued pain for tier-2 PSU banks. He thinks the asset quality cycle for many will continue to worsen and cause earnings to be unpredictable. SBI, he thinks, has passed over the asset quality hump and is the best PSU bank stock to buy.
