'Savings rate deregulation positive for Yes Bank, IndusInd Bank'
PUBLISHED ON: October 25, 2011 | Duration: 24 min, 24 sec
Dipan Mehta, member of BSE and NSE, says the RBI's saving rate deregulation's move is positive for Yes Bank and IndusInd Bank and various others private sector banks which have low CASA ratio. But it is negative for other banks. Prakash Diwan, head institutional client group at Asit C Mehta, says the move offers good opportunity to get into few private sector bank stocks.