Abhay Aggarwal is adding to position in these 2 smallcap banks. Here’s why
Piper Serica is happy to add to its position in smallcap banks like Catholic Syrian and South Indian Bank as they see these banks as structural stories for the next four to five years. The solid credit demand environment from both retail and corporate customers is expected to have a positive impact on the banks which still remain undervalued compared to their larger peers.
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