See huge scope for private sector banks to gain market share, says UR Bhat of Dalton Cap
- 5 years ago
On the Q1FY20 earnings, Bhat said, “They are not exactly encouraging. I think a couple of results have been good, but most of them have been lacklustre. Therefore, a turnaround in earnings growth is nowhere in sight. Given the sort of earnings growth, the valuations do look slightly stretched even at these levels.”