Stay invested in largecap pvt sector banks: Sampriti Cap

Sandeep J Shah, CEO of Sampriti Capital advices to stay invested in the largecap private sector banks.

Shah told CNBC-TV18, "As far as the banks are concerned there is no confirmation that the NPA cycle is totally over, however last quarter we have seen that where NPAs have risen they have risen at a slower pace than what the market was expecting and to my mind there are two important things you want to track right now; one is of course where interest rates are going and at micro level what is happening to individual banks at an NPA level and three also perhaps be careful of banks which have grown far too aggressively in the last two-three years because it typically takes about couple of years of aggressive growth before it shows up in NPAs.