Strong deposit growth. Extremely satisfied on the liability side. They need to improve on CASA side. When too many thing are happening in a bank then some thing can be improved in future.
I cannot understand the advance side(because of ARC transfer). I will need to go through the quarterly report thoroughly to understand it. Just to give my view on these numbers I would say neither good nor bad. Overall not satisfied on advances side.
Lot of news on they partnering with microsoft, Falcon, board view for inorganic growth are good add ons.
My expectation is 500cr++ NET PROFIT this quarter if it comes out to be less than this then I believe it can again test 18rs and I will be a buyer there.
From here on I would not be selling this share unless it is close to 30 and considering the market mood it is highly possible for it to touch those levels before lockin.
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