ICICI Bank will hugely benefit from incremental flows into private banking sector: Gautam Trivedi, Religare Capital Markets

In a chat with ET Now, Gautam Trivedi, MD & Head of Equities at Religare Capital Markets shares his thoughts on the banking sector. Excerpts:

ET Now: Do you think now institutional flows will move into mid-tier private banks?

Gautam Trivedi: The one stock that a lot of investors like is ICICI Bank. The number of private bank stocks that foreigners can now put in money to work is fast shrinking and hence, ICICI Bank would be a huge beneficiary of incremental flows into the private banking sector. I would urge people to look at that.