InvestorQ : Sanjiv sir, what's your call on CSB Bank?
sara Kunju made post

Sanjiv sir, what's your call on CSB Bank?

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Sanjiv Bhasin answered.
2 years ago
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The stock is trading at over three times price-to-book while many of the banks are trading around price-to-book of one, and many PSU banks are trading below one. Many of these other private and PSU banks offer better visibility on growth. I prefer Federal Bank, DCB Bank and IDFC Bank over CSB. The Rs 410-crore issue was subscribed 84 times led by demand from institutions and high net worth investors.
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