š”š²šš š¦ššŗšŗš®šæš
ā¢ Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies LLP, believes that the banking sector is set for recovery and prefers private sector lenders over PSU banks.
ā¢ The recent move by the Reserve Bank of India to increase the risk weight on consumer loans has already been factored in, and Holland expects a catch-up for the banking sector, which would lead to strong performance for the Nifty.
ā¢ Holland's top picks among private sector banks are HDFC Bank, ICICI Bank, and Axis Bank.