 "investments, private banks")
Exceeding Street expectations after demonetisation, five small private banks have again become market favourites.
While these stocks tend to react to any news on consolidation in the sector (they’re viewed as acquisition targets), investors should consider them for the strong franchise built over years. In a sector where even large banks struggle to maintain the net interest margin (NIMs) at over three per cent, ensuring this has not proved difficult for these lenders. Here are the five names, which investors could sample in their portfolios.
City Union Bank
This is among the oldest private sector banks, with a strong grip
