Private sector banks are the best contrarian bet for the next 3 years, says S Naren

ICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown in mutual fund inflows. He sees private sector banks as attractive contrarian bets and remains optimistic on India's debt market amid improving fundamentals.

from Economic Times https://ift.tt/spVPnfM