Post the euphoria of the IT boom, the focus was shifting away from technology stocks to other sectors. That’s when we started looking at private banks seriously. However, we didn’t get in as early as we did in tech stocks. It took some time for us to understand that the retail banking story in India is going to be huge. The retail banking segment was clearly underserved and in terms of service quality and product offerings, government-owned banks had a long way to go. So in that sense, we realised that the retail banking opportunity was still nascent but a very lucrative one to ride out.
Best Buys Worst Picks-2017
His experience with HDFC Bank taught him the merit of sticking to winning companies to create long-term value, while his bet on overleveraged Lanco Infratech went all wrong
Summer wine and salad
Kishore Singh - January 19, 2015
The million-dollar question: Is investing a game of luck or skill?
Shankar Sharma - May 04, 2021
Every crisis is an opportunity, if you are on the right side of equities
Samir Arora - May 04, 2021
Viraj Mehta trusts the toughness and bounce of a company that has seen many trials
Viraj Mehta - May 04, 2021
Safir Anand spots a mid-sized company with the right chemistry and catalytic circumstances
Safir Anand - May 07, 2021