DCB looks attractive: Mehraboon Irani

Development Credit Bank (DCB) is looking attractive, says Mehraboon Irani, Principal and Head - Private Client Group Business, Nirmal Bang Securities.

Irani told CNBC-TV18, "I have become a little underweight on the banking sector. If you look at the way banks have come out so easily in the open and are going on restructuring loans, converting short term loans into long term loans. We know the problems of the power sector; we know what the exposure some of these banks have to the power sector. It