MarketsBullish On Private Banks, Cautious On Industrials: UTI's Vetri Subramaniam
ADVERTISEMENT
Bullish On Private Banks, Cautious On Industrials: UTI's Vetri Subramaniam
While acknowledging challenges in banking like slowing credit growth, Subramaniam noted that valuations in private banks provide attractive opportunities.
Vetri Subramaniam, chief investment officer at UTI Asset Management Co., urged caution in industrials. (Photo source: LinkedIn).
Banking and financial space, particularly private banks have "absolute return opportunity" going ahead, while caution looms over industrial companies, according to Vetri Subramaniam, chief investment officer at UTI Asset Management Co.“Banking and financial services is where we have the maximum comfort,” Subramaniam told NDTV Profit in an interview. While acknowledging challenges in the sector, like slowing credit growth, he noted th...