Believe Indian banks are well placed after a rollercoaster decade
Strong balance sheet; resurgence in profits and profitability
Indian banking sector profits have quadrupled over the past decade
Loan growth has picked up sustainably; expect low-to-mid teens sector growth
Stronger capital position across both PSU and private sector banks
Expect Pvt Banks to give better returns given a good business outlook and inexpensive valuations
Like Large banks; prefer ICICI Bank and IndusInd Bank
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