Banking sector attractive in the long run: Ritu Arora, Canara HSBC OBC Life Insurance

Ritu Arora, CIO, Canara HSBC OBC Life Insurance, in a chat with ET Now, gives her pick for the long time


What is it that you would be most bullish on at the current point of time for a 12-month period right now?

Twelve months is a good time horizon, and I like private sector banks there as well, so banking as a sector is beaten down, and we believe we will continue to witness profitability and NIM pressures but if one has a 12-month and a longer horizon, there are many private sector banks, which are at very attractive valuations and private sector banks are better positioned at this point of time, are more agile and I would like to take exposures there.