Stay invested in YES Bank, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "Numbers for YES Bank have been good. Over the last three-four quarters at least that I remember numbers have been fairly better than expected. So while the trend for banking is likely to continue to be weak over the couple of quarters, the advantage for YES Bank is that since it is a new bank in that sense, it doesn't have too many of the hereditary problems that a lot of the other older banks have in terms of NPAs etc.""There was some amount of sell off on the stock in between because of their corporate governance sort of issues etc but I think now they are coming out of it. So if the horizon is significantly long-term, by that I mean at least two-three years, I think it is a good stock to hold on to," she said.