In an interview to CNBC-TV18, Manish Ostwal, Senior Research Analyst at Nirmal Bang Securities shared his readings about the buzz in Kotak Mahindra Bank.
Speaking about acquisition, he said that he do not see any major acquisition announcement by Kotak Mahindra Bank.
However, acquisition by Kotak Mahindra Bank, if happens, to be a stock swap and not a cash payment, he added.
Ostwal is also positive on Bank of Baroda, Punjab National Bank and Canara Bank
For entire interview, watch accompanying video.
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