What does the upcoming rate cycle mean for the banking sector? Rohit Seksaria answers

Rohit Seksaria, Fund Manager at Sundaram AMC, believes both PSU and private banks are currently attractive in terms of valuations. He notes that PSUs have improved their asset quality and are trading at historical price-to-book ratios. Rate cuts are expected soon, which could benefit NBFCs, small finance banks, and PSUs more than larger private banks.