Prefer ING Vysya Bank: Satish Ramanathan

Independent Market Analyst, Satish Ramanathan told CNBC-TV18, "The private banking space is definitely better, valuations are rich, so we need to look at stocks which are reasonable and have a good blend of consumer, corporate as well as retail. A good blend of these three assets with good margin mix or good current account/savings account (CASA) ratio with reasonable valuations is what we would look at and probably ING Vysya Bank fits in this and that is something which one can look at."

At 12:36 hrs ING Vysya Bank was quoting at Rs 527.20, down Rs 5.50, or 1.03 percent.

The share touched its 52-week high Rs 667 and 52-week low Rs 405.50 on 05 June, 2013 and 28 August, 2013, respectively.

Disclosure: Analyst doesn't hold the above stock.