Like private sector banks but would not like to own any micro-finance companies, said Samir Arora of Helios Capital.
In an interview to CNBC-TV18's Reema Tendulkar and Prashant Nair, P Phani Sekhar, Fund Manager at Karvy Stock Broking shared his reading and outlook on the fundamentals of the market.
Kamath believes in 12-18 months time growth will be back to normal, to the levels India has got used to.
The government of India on Thursday cleared the micro finance bill in the Parliament. It has made the Reserve Bank of India as the regulator for all micro finance companies (MFIs).
Some banks are worried about delay in corporate debt restructuring (CDR) implementation of the micro finance companies. Banks fear that if the CDR package is not implemented by September this year, then there are chances that these loans could become non-performing assets (NPAs), reports CNBC-TV18's Gopika Gopakumar quoting sources.