Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada Vaidya (opens original article in a new tab)

Private banks remain a focus for investors due to strong credit growth and stable asset quality, though valuation concerns and deposit growth mismatches persist, with selectivity in stock choices emphasized.

• Private sector banks are preferred by investors due to robust credit growth and stable asset quality.
• Valuation concerns and deposit growth mismatch affect sentiment, with selectivity emphasized in investment choices.
• ICICI and Kotak Mahindra Bank are preferred among larger private banks, while SBI is favored in the PSU sector.