Stay invested in SBI: S Joshi

Sharmila Joshi,  of Prabhudas Liladher is of the view that State Bank of India, SBI is good stock to stay invested in.

Joshi told CNBC-TV18, "From a longer perspective there is no issues staying invested in SBI. Again if you looked at the kind of numbers that they give we did get a sense that while fee income growth was strong there was some issues with asset quality and you do really see some issues on that even going ahead. But overall the kind of growth that they have shown the kind of profit that they have shown if you are holding the stock with a more than one-year kind of perspective then it is a good stock to be invested in. But as you rightly said from the private banking space we do for instance like an Axis Bank the kind of numbers that they had. But even on the PSU bank like a bank- like Bank of India also had a very strong set of numbers this quarter."