They have turned around in Financials.Had very good capital gain of Rs 137 Mn (approx) through the sale of their Finance company.(Silvareen Finance).
I think provision kept in respect of bad loans will be reduced.Income growth shown is attractive.(NII)
Coming quarters will give good results.
Corporate and HNWI have more faith on this.
LOLC disposed and a top investor grab.
Is management is good ?(Under Peoples Bank )
Merchant Banking activities are improving or can we compare this with Merchant Bank who is controlled By another State bank .
will this give a medium term return for your investmets?