Axis Bank should be priority in pvt banking says G Shah

Gaurang Shah of Geojit Financial Services is of the view that Axis Bank should be priority in private sector banking. 

Shah told CNBC-TV18, "First Axis Bank would be on the shopping list but it all depends on the investable amount that the investor has got. We for of course like the Axis Bank amongst the private sector banking they came out with a fantastic set of numbers and exposure to subprime and Mark To Market (MTM) has been quite negligible."

He further added, "So if you ask me the priority list would be Axis Bank. We are comfortable with DCB too and there also we saw decent set of numbers coming out and the only problem with DCB is the presence in networking of branches and that is the reason, where you see is not a very significant jump into the topline and the bottomline but Axis Bank it would be the priority list over there."