Vibhav Kapoor of IL&FS finds banks very attractive at their current valuations. Speaking to CNBC-TV18, Kapoor said the markets are over-reacting to inflation and interest rate hike scenario. In the current situation, he feels, banks will see a bit of margin cut but on the credit growth front, they may record over 20% upside. Kapoor does not think the global commoditry prices will rise much from their current levels.
Below is a verbatim transcript of his interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
