Axis Bank, ICICI Bank look attractive: Sachin Shah

Sachin Shah - Fund Manager at Emkay Investment told CNBC-TV18, "We own ICICI Bank and HDFC Bank for quite sometime. ICICI Bank at this level certainly looks a bit attractive than most of the other bank relatively. The performance has not been up to the mark. Clearly Axis Bank has delivered much better performance and at this price it also looks attractive. "

"If one is looking at a 20-25 percent compounded kind of return clearly Axis Bank and ICICI Bank comes to top of the chart. May be odd 15 percent compounded return HDFC Bank should also deliver at these valuations," he added.