Totally Agreed. I think pointing the merger as “the biggest mistake” to the biggest banking group of India is a little early. They have taken this decision with a vision. The base size is definitely bigger and Cost of funds might be higher for now but I guess when things are temporarily hurt, that’s the best time to acquire or buy them (in stock markets, businesses). I don’t expect it to give as high returns like a small-cap but for investors looking for valuation comfort in safe stocks in this continuously rising market, it is definitely one of the best candidate for now(or any other of the top 4 private sector banks for that matter).
Disc.- Invested. Rotated most of my profits to all top 4 private banks.
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