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Prefer SBI, PNB, UCO Bank: Dilip Bhat

Dilip Bhat of Prabhudas Lilladher prefers State Bank of India, Punjab National Bank, Bank of Baroda and UCO Bank.

December 31, 2014 / 11:35 IST
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Dilip Bhat of Prabhudas Lilladher told CNBC-TV18, "In the frontline PSU banks State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Bank of India (BOI) and the Union Bank will certainly be some of the stocks that we would be looking at. Slightly, lower down the line something like a Syndicate BankCorporation Bank and UCO Bank will be looking at. It is going to be fairly broader mix of some of the stocks that we are taking about in the PSU banking sector."

At 11:27 hrs State Bank of India was quoting at Rs 311.35, up Rs 1.55, or 0.50 percent on the BSE.

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Disclosure: It will be fair to assume that directly or indirectly we would be interested or owning some of these stocks and even through our recommendations.

first published: Dec 31, 2014 11:35 am

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