IMO it is a long term story. Best is yet to come. Legacy high rate borrowings will get replaced with low cost funds, c/i ratio is going to come down in next two to three years, credit card business will also start contributing to bottom line, NIM of 5.5 to 6%(which is very rare in other banks) is likely to continue as repeatedly promised by Mr VV, net NPA around 1% and growth of 25 % … All these factors are likely to re rate the bank in the future . So holding for the long term without bothering for ups and downs and consolidation etc.
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