Stay with RBL Bank, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "RBL Bank is a new bank so in that sense, possibly we do not have too much of history to fall back on. But in this case, the big positive of course is that it has dodged the non-performing asset (NPA) bullet almost completely because probably its books will be a lot better off than many of the leading PSU banks."

"While the listing may be recent, the bank has been in existence before that, but even then if you look at the kind of loan book they run, you will find that it is a lot better off than even some of the other private banking players. So given the kind of space that it is in as well as the news surrounding the stock and if you are a long-term investor, it makes sense to continue to hold the stock," she added.