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Which is good investment​, axis bank or RBL bank?

Discussion in 'Fundamental Analysis' started by paresh_gujarati, Jun 24, 2017.

  1. paresh_gujarati

    paresh_gujarati Member

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    Currently both banks are at same 500 levels. Which bank is expecting to give more return over a year ?

    Sent from my Le X509 using DIY Technical Analysis mobile app
     
    paresh_gujarati, Jun 24, 2017
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  2. bnnarayana

    bnnarayana Contributor

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    Hi,
    It is very difficult to to say which bank will give more returns.
    First off all the RBL is new entity compared to Axis Bank.
    The huge NPA's Mergers and Government rules and regulations it is difficult to predict.
    I have not invested in bank stocks, hope our members can give their openion.
     
    bnnarayana, Jun 24, 2017
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  3. raja_praveen

    raja_praveen Champion

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    I Will go for RBL bank as per tech chart . It looks great bet for me.
    I dont have much knowledge on fundamentals and NPA issues etc .., so my opinion was based on only chart
     
    raja_praveen, Jun 24, 2017
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  4. Suresh_Sinha

    Suresh_Sinha Active Member

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    Why not both?
     
    Suresh_Sinha, Jun 25, 2017
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  5. surajbj

    surajbj Member

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    I feel Axis is better. If you check RBL price movement in last one year it has increased around two and half times. Since this is a new bank and still not have pan India base in my opinion Axis is better. Also Axis bank is doing good business.
     
    surajbj, Jun 26, 2017
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