Exit Dhanlaxmi Bank, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Because the numbers are good, you are seeing this good run up on Dhanlaxmi Bank and it make more sense to switch from Dhanlaxmi Bank to a better quality sort of a private bank."She further added, "At this price, even if you were to look at an ICICI Bank and even if you had a longer-term view, one cannot go wrong. Or one could go with the leaders like YES Bank or IndusInd Bank where results have been good and since they are newer private banks, they do not have the legacy issues of even some of the older private banks. And then look at a sort of a two year investment horizon. But I would think that use this opportunity to really switch from Dhanlaxmi Bank."