Buy Yes Bank: G Chokkalingam

In a chat with ET Now, G Chokkalingam, Executive Director & Chief Investment Officer, Centrum Wealth Management, shares his views on various stocks.

ET Now: What is your call on Yes Bank?

G Chokkalingam: Yes Bank is not a contrarian but more on a fundamentals basis. Its net NPA is zero and also its saving deposit is just a 3% of the total deposits. It is in a better position to utilise opportunity coming from the deregulation of saving bank down straightaway. This is a stock I would accumulate in this market.