Banking space looks good: V Kapoor
July 3rd, 2009
Vibhav Kapoor of IL&FS Investmart is of the view that banking space is looking little bit better than the rest of the picture.
Kapoor told CNBC-TV18, “Banks certainly look little bit better than the rest of the picture. They have gone up a lot; valuations are not as cheap as they were. But still valuations are far less expensive than they are in many of the other sectors in the market, so to that extent they are better. They have managed their positions very well. They have managed their profitability; they have managed their net interest margins.”