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Indian banking sector robust, investors should stay invested: Emkay's Krishna Karwa

Apart from the financial services sector, Karwa believes digital manufacturing also seems to be performing well with the capex cycle picking up and recommends investors to further invest in the sector.

November 09, 2022 / 02:33 PM IST

The Indian banking sector has performed relatively well in recent times and is a preferred sector for investors, said Krishna Kumar Karwa, managing director at Emkay Global.

"The banking sector continues to do well and investors should stay invested," he said in an interview to CNBC TV18.

Karwa believes that investors in the banking sector are expected to receive  at least 15 to 20 percent compounded returns within the next two years. He added that while large private banks have delivered almost 15 percent returns, public sector banks have delivered higher returns of almost 30 to 40 percent.

The MD recommended investors continue investing in public sector banks for stellar returns.