Prefer SBI over a two year time horizon: Mayuresh Joshi, Angel Broking

In a chat with ET Now, Mayuresh Joshi, Fund Manager, Angel Broking, explains why SBI is his preferred choice.

ET Now: If you were to take one largecap bet which one would that be?

Mayuresh Joshi: Clearly out of all the largecaps that are probably looking attractive at this point of time, my take is that State Bank has got battered down very badly. So clearly if you look at the balancesheet size, the CASA ratio and expectations of earnings growth, State Bank is something that I probably prefer over a two year time horizon. The asset quality has held up but clearly valuations have become extremely attractive at this point of time.