NPAs may continue to pose threat to PSU banks: Kunj Bansal

In a chat with ET Now, Kunj Bansal, Centrum Wealth Management, shares his view on the PSU banking space.

ET Now: What is your view on PSU banking space? Would Indradhanush (7-point plan) really help ease problems? What are the stocks one should stick to within the PSU banking pack?

Kunj Bansal: There are two things. One is thinking, planning and preparing plans. The second is execution. Indradhanush seems to have put plan in place, but the question will continue to remain on the execution. Now if that happens, then it would very clear be a trend changer for the domestic public sector banking space. The other issue is the quality of NPAs, which has not been addressed by Indradhanush. That is where the key problem will continue to lie.