@vijayM: What are your views on Axis Bank and Yes Bank? I am closely monitoring both for fresh buying due to recent corrections in both stocks. As per my analysis, Axis Bank has more margin of safety than Yes Bank at current levels, but I am concerned about high NPAs in Axis Bank, and also its stock looks more volatile in nature. What makes it attractive is low P/B at this point in time, and loan growth has been good in past 2 quarters. Yes Bank also has a long way to go, in terms of CASA ratio and NIM but looks more promising to me.
Any guidance from you can help me.
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