Like Lakshmi Vilas Bank, buy DCB Bank: Prakash Diwan

Prakash Diwan of Altamount Capital Management told CNBC-TV18, "Private sector banks would give you ample opportunities before they take off finally once the overall underline changes happen in the borrowing set of companies. Some of the neater cleaner banks that we like is Lakshmi Vilas Bank. The other one we continue to buy into is DCB Bank because the growth is phenomenal." "The segment they lent to is quite challenging and very rewarding in terms of margin also. They have mastered the SME lending. Interestingly lot of the banks which have been left behind like Dhanlaxmi Bank have just completely lost out in the race. So, that is why the premium difference what you want to pay for some of the well performing will continuously go up," he said.