Then you have these large corporate banks, going through this transition and we have to see what is in the price. Even the corporate banks, the retail banks are really strong. You obviously have to get the risk adjusted return right.The second piece is corporate banks where we are only into the large corporate banks -- be it private or public and the largest. They would have higher credit cost in Q4 and FY19 also would have a higher credit cost but the valuations are really reasonable now. But you need to keep in mind that certainly the Q4 could be painful.Even the first half of FY19 could be a little painful but we are very confident that these large corporate banks, I am not talking of the small PSU corporate banks but the large corporate banks, would certainly have a better FY20.

Source: Economic Times April 11, 2018 07:18 UTC