Buy Canara Bank and Bank of Baroda at current level: Sonam Udasi, IDBI Capital

Bank of Baroda has least amount of stress so far and Canara Bank had a book which was exposed to the power sector. That noise is again becoming positive and therefore from a price to book value side, it looks attractive.

In a chat with ET Now, Sonam Udasi, Head of Research, IDBI Capital, shares views on banking sector.

ET Now: Which banks are you advising your clients to go in for?

Sonam Udasi: We are advising Bank of Baroda and Canara Bank. Bank of Baroda has least amount of stress so far and Canara Bank had a book which was exposed to the power sector. That noise is again becoming positive and therefore from a price to book value side, it looks attractive. So these are the two banks that we like currently.
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