Banks to give steady returns over next 12 to 15 months; private banks to shine: Amnish Aggarwal

Amnish Aggarwal of Prabhudas Lilladher suggests that private banks will offer steady returns over the next 12 to 15 months. He further notes that banking, especially private sector banks, is trading at a discount compared to previous highs. Consumption trends are shifting towards discretionary spending, impacting urban and rural markets.