Bullish on Yes Bank, Kotak Bank: Religare Securities

Rajesh Jain, EVP - retail research at Religare Securities, says he is bullish on Yes Bank and Kotak Bank, out of the banking pack because they are competitive to take advantage of recent RBI announcements. He advises investors to avoid PSU banks. Prateek Agarwal, CIO of ASK Investment Managers, expects banks to pass on higher costs to consumers.