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and whoever wants to be first must be slave of all. For even the Son of Man did not come to be served, but to serve, and to give his life as a ransom for many.”

18 Jun 2015


HDFC Bank, AXIS Bank, SBI have remitted Advance Tax 2015, more than 20 - 30 % increase when it is compared to their last year (2014 remittance).  It shows that bank loan disbursement has picked up in the current year 2015.  So the Indian Mutual Fund Managers have been on a shopping spree for banking stocks raising stocks their allocation to the sector to over Rs.79000/- crores in May 2015 in anticipation of a Rate Cut by RBI.  So investors may look into the following shares for their portfolio.  HDFC Bank, SBI, INDUS IND  Bank, AXIS Bank, FEDERAL BANK (cum bonus 1:1), CITY UNION Bank, and DCB Bank.  Investors may look into above bank shares to purchase on decline. 

Thanks,                                                                                   See you later.

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