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IST
Dipan Mehta, Member, BSE/NSE is of the view that one can exit IDBI at higher levels.
Mehta told CNBC-TV18, "IDBI is just trying to absorb the effect of the United Western Bank , but once we have the merger out of the way eventually the reality will start kicking in. So maybe at higher levels one could look at switching out of IDBI into some other new generation private sector bank, for the time being the stock appears to be on the roll."
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