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Q2 earnings analysis: Sell banks, advises Nirmal Bang

mindra Hazari of Nirmal Bang Securities believes an aggressive growth in its credit profile have resulted in PNB's declining profits. However, he is surprised with ICICI Bank's performance. But, he holds a sell on banking stocks because they are lending to the same set of corporates.

first published: Oct 26, 2012 01:45 pm

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