Private sector banks are much better poised: Ritu Arora, CIO, Canara HSBC OBC Life Insurance

Ritu Arora, CIO, Canara HSBC OBC Life Insurance, talks to ET Now about banking stocks.

And within banking no distinction between private and PSU banks?

There is definitely a distinction. Private sector banks are much better poised at this point of time than public sector banks because of the quality of asset books that they are holding and net interest margin that they enjoy.

So clearly private sector banks at this stage are stronger than PSU banks. Though PSU banks have attractive valuations but I would wait it out before entering them.