Prefer ICICI Bank, DCB, says SP Tulsian

Prefer ICICI Bank and DCB, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "I have no bias or no dissatisfaction against SBI. This is an excellent stock. On fundamental basis, I will say that yes this is an ideal stock to keep invested for three years but on a relative basis if you really need to identify some alternative stocks, I will give you the stocks like Dhanlaxmi Bank or DCB which have the expected news flow, which have better fundamentals going forward. I am not comparing that. So, on a relative basis you can expect a better return and you relatively would remain in the safe stocks."
He further added, "If you really want to go for a little higher one, maybe then you can choose fro Axis Bank or ICICI Bank or Yes Bank and IndusInd Bank. So you have the variety, low price below Rs 100 for DCB, Dhanlaxmi, anywhere between Rs 200-300 for Yes Bank and IndusInd Bank and in the range of about Rs 1000 you have ICICI Bank and Axis Bank. So I will advice you to shift from State Bank of India to any of these banks which I have just narrated."