Aashish Tater of fortunewizard.com told CNBC-TV18, "The asset quality is going to deteriorate further and we are maintaining that SBI will be range bound at least for this result season also somewhere between Rs 1500 to Rs 1700 because we do not expect any surprise.”
He further added, “One can switch to something like ING Vysya Bank which is relatively stable at current levels and can fetch good returns from next 2-3 months perspective. I think switching to ING Vysya Bank at current levels would be very easy to get 15 percent compared to SBI at current levels.”
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