Prefer ICICI Bank, Federal Bank: Amisha Vora

Amisha Vora of Prabhudas Lilladher told CNBC-TV18, “Financials space should benefit not only from the interest rate cycle reversing but for example if you try to understand what this coal auction would mean almost all thermal power plants who were under any type of question mark about their life, their utilisation, their sustainability all will come to an end."

"So that reflects in the bank’s balance sheet because all of them have 70 percent bank’s funding. So, like that as one after the other sector start getting revived the biggest kicker will be in terms of asset quality pains settling down for the banks and the third important point is that the credit growth is so pathetic at the moment sometime third or fourth quarter of 2015 the slight revival in credit growth may also start. So, all put together I feel financials definitely and within that we recommend ICICI Bank and in the smaller pack we like Federal Bank a lot," she added.