Prabhudas Lilladher neutral on banks

Amisha Vora, Prabhudas Lilladher is neutral on banks.

Vora told CNBC-TV18, "After that severe fall which we saw sometime back, of 25-27% when we had maintained reduced, we have made the banks weightage to neutral. But we do believe that this quarter in terms of the deposit repricing will also be tough, and the real impact of that will be seen in Q1 and Q2, so we do maintain that despite being neutral rate, the banks will take time before they start giving any major performance. And after this 10% rally, I would say that it will really take some time before they give a next move upwards."