Look at HDFC Bank, Kotak Mahindra Bank: Basant Maheshwari

Basant Maheshwari, Founder of The Equity Desk told CNBC-TV18, "If you are a little enterprising it should be Kotak Mahindra Bank but if you are a little risk averse it should be HDFC Bank because Kotak is doing a lot of interesting things around. By buying ING Vysya Bank, they have increased their branch network all across South India where Kotak wasn’t present. So, it would take six months to one year for them to get this thing done.""So once you increase your branch network then – I will give you a small sense here. No matter how much you talk about the PSU banks and about the Indradhanush but the cloud burst happened just after the Indradhanush, so you cannot bet there. The only pace left is the private banks. So with Kotak coming back to the entire thing, with the ING merger happening right now it would take six to nine months for them to get things up in order. Once they set it up, Kotak will be back to its own ways of performance. " "So, if you are a little enterprising, if you are a little risk averse you can buy Kotak rather I don’t own either of them. However, if you want to have a nice sleep then you can buy HDFC Bank. If your investments are keeping you awake at nights at these time I would suggest stay away but remain invested," he added.