Invest in private banks on every fall: Ambareesh Baliga

PSU banks still need to be a bit careful, private sector space is where one should be investing at every dip.

Invest in private banks on every fall: Ambareesh Baliga
In a chat with ET Now, Ambareesh Baliga, Market Expert, shares his views on banking sector.

ET Now: What did you make of OBC numbers?

Ambareesh Baliga: PSU banking space, especially the midcap PSU space, needs to be careful because of the NPA issue. So this issue is going to be there at least for the next two to three quarters because you just surely do not expect the economy to bounce back so fast.

PSU banks still need to be a bit careful, private sector space is where one should be investing at every dip.
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