For better valuations, new paper supply must accelerate: Rajeev Thakkar.

According to Rajeev Thakkar, the chief investment officer and director of PPFAS Mutual Fund, the banking sector in India is in good shape and available at attractive valuations, with the only concern being the weakness in deposit growth. Thakkar believes that if the economy performs well, banks will thrive. He also states that there doesn't appear to be any long-term valuation derating for India due to a coalition government. [Extracted from the article]