Hi,
Found this interesting comparison b/w ICICI, Axis and HDFC Bank.
Considering this above I think Axis’s asset quality is decent enough and concerns raised in the media are blown out of proportion. Valuation wise it looks good. The leadership of Shika Sharma has been impressive so far.
I will take a position in Yes Bank only after I see how its retail expansion progresses and CASA improves. Not convinced that they can handle it as well as the others mentioned above.
Cheers
Vinod
Disc: Invested in Axis Bank.